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Why MNI
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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
France's Agence.......>
FRANCE T-BILL AUCTION PREVIEW: France's Agence France Tresor (AFT) tap 3-month
Sep 19, 2018 BTF for E2.6-E3.0bln, tap 6-month Nov 21, 2018 BTF for E0.6-E1.0bln
and issue new 12-month Jun 19, 2019 BTF for E0.6-E1.0bln on Monday
- RV: The long-end of the BTF curve has outperformed the short and middle since
the last auction on Jun 18, leading the curve to flatten slightly. The 3-month
and 6-month part of the yield curve has fallen around 0.5bp, while the 12-month
part of the yield curve is in the region of 1.5bp lower.
- REDEMPTION: There will a BTF redemption of E6.995bln this week which leaves
net cash flow negative to the tune of E1.995ln which is seen underpinning demand
at the auction.
- HISTORY: At Jun 18 auction the AFT allotted E2.996bln 3-month BTF at an
average yield of -0.603% with cover of 2.51 times, allotted E88mln 6-month BTF
at an average yield of -0.601% with cover of 7.32 times and allotted E750mln
12-month at average yield -0.591% and cover of 5.0 times.
To read the full story
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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.