MNI China Press Digest Mar 22: Autos, Local Gov, Real-Estate

MNI: PBOC Drains Net CNY11 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1004 Fri; -4.29% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1004 FRI VS 7.0942

MNI: BANXICO CUTS TARGET RATE BY 25 BPS TO 11%

Indon Sov Debt Yields Steady,Foreign Investors Continue to Sell Bonds

Japan Feb Core CPI +2.8% Y/Y; Energy Price Dip Further

MNI: UK MAR GFK CONSUMER CONFIDENCE INDEX -21

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

France on Thursday sells.....>

FRANCE AUCTION PREVIEW
FRANCE AUCTION PREVIEW: France on Thursday sells both nominal and linker OATs.
- HISTORY: On Thursday morning, AFT sells between E7.5-9.0bln combined of 0.00%
Feb-22 OAT (last sold May 16th: -0.52% yld, 3.56x cover), 0.00% Mar-23 OAT (last
sold Nov 2018), and 0.00% Mar-25 OAT (May 16th: -0.19% yld, 2.10x cover). 
- An hour later, AFT sells between E0.75-1.25bln of linkers: 0.25% Jul-24 OATei
(last sold Jan 24th), 0.70% Jul-30 OATei (last sold Nov 2018), and 0.10% Jul-47
OATei (Apr 18th: -0.13% yld, 2.74x cover).
- No OATi linkers will be sold this month.
- BACKGROUND/RV: European yields collapsed following ECB Pres Draghi's dovish
comments on Tuesday which included suggestions that the 33% issuer limit could
be raised. French linker real yields fell and breakeven implied inflation moved
sharply higher post-Draghi comments, with the 2030 real yield hit an all-time
low of -0.839%, with breakevens rising from 85bps to 95bps as nominal yields
fell.
- TIMING: OAT results are due around 0950BST, linker results an hour later.
MarketsFixed Income Bullets
MarketsFixed Income Bullets

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.