BOC WILL BE CONSDIERING FURTHER RATE CUTS

BOC DOESN'T SEE A RECESSION, RATHER SLOW GROWTH

BOC SAYS WEAKER CAD DRIVEN BY USD STRENGTH

MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

US EIA: CRUDE OIL STOCKS EX SPR -1.42M TO 422.0M DEC 06 WK

BOC CUTS RATE 50BPS TO 3.25%, SEES GRADUAL APPROACH FROM HERE

MNI: US NOV CPI 0.3%, CORE 0.3%; CPI Y/Y 2.7%, CORE Y/Y 3.3%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Finland Q4 funding plans

EUROZONE ISSUANCE
  • No syndications scheduled.
  • One or two bond tap auctions: 18 October and 15 November. E1.0-1.5bln target amount for each.
  • Two bill auctions due for now: 11 October and 8 November for E1-2bln each.
  • If there is high takeup of the guarantee scheme for the energy sector bill issuance could increase substantially.
  • The following is from the Treasury release:
  • "The government’s latest supplementary budget for 2022 (dated 5 September) includes a EUR 10 billion loan and guarantee scheme for the energy sector. This lending facility is a precautionary measure by which the government prepares for granting loans."
  • "The government’s net borrowing in 2022 could be as high as EUR 18.9 bn, but will depend on the actual take-up of loans under the facility. Due to harsh terms for the loans and alternative funding opportunities available, the use of the lending facility remains a last-resort option. The State Treasury foresees any funding need for the lending facility to be covered by short-term borrowing, i.e. bills issuance given the pre-payment options included in the facility."
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

To read the full story

Close

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.