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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI Gilt Week Ahead
Eurozone T-bill issuance...>
EUROZONE T-BILL ISSUANCE: Eurozone T-bill issuance has been completed for this
week with E18.254bln allocated by Italy, Germany, France, Spain, Greece and
Ireland versus E19.321bln issued last week.
- RECAP: To recap issuance for this week, on Monday Italy issued new 12-month
BOT for E6.5bln. German re-opened its 6-month Bubill for E1.945bln. Then in the
afternoon France allotted E3.85bln of a new 3-month BTF, E1.897bln tap of a
6-month BTF and E1.394bln tap of a 12-month BTF. On Tuesday Spain allotted
E425mln in 3-month Letra and E930mln of a 9-month Letra. On Wednesday Greece
issued new 52-week T-bill for E812.5mln. On Thursday Ireland issued new 12-month
T-bill for E500mln.
- REINVESTMENT FLOWS: T-bill redemptions this week are due from France
E5.841bln, Germany E2.0bln, Italy E6.5bln, Greece E1.6bln and Portugal
E2.531bln, turning net cash flow negative to the tune of E218mln vs -E3.65bln
last week.
- SCHEDULE: Issuance next week is estimated to fall to E12.7bln with supply from
the Netherlands, France, ESM and Portugal.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.