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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
Germany, France, Italy,....>
EUROZONE T-BILL ISSUANCE: Germany, France, Italy, Spain, the Netherlands,
Belgium and the ESM are due to issue T-bills this week. We estimate supply of
E33bn compared to E12.9bn last week.
- RECAP: Germany kicked off issuance for the week allotting E2.64bn of 6-month
bubills against a target of E4bn on Monday. The Netherlands then sold E1.66bn
3-month DTCs and E2.01bn 10-month DTCs against a target of E2-4bn. France
concluded Monday's issuance selling E4.0bn of 3-month BTFs, E2.5bn of 6-month
BTFs and E2.4bn of 12-month BTFs.
- ISSUANCE: Spain is scheduled to sell 6- and 12-month letras on Tuesday with a
target of E6.5-7.5bn. On the same day, Belgium will sell Nov 12, 2020 and Jan
14, 2021 TCs for E1.8-2.2bn. The ESM will then sell 3-month bills for E2bn.
Italy will conclude issuance for the week with a sale of BOTs with details TBA,
12-month BOTs are provisionally scheduled.
- CASH FLOWS: There will be E38.3bn in redemptions which will leave net cash
flows at E-5.3bn for the week.
** For further details please see MNI Eurozone T-Bill Calendar.
To read the full story
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Please enter your details below.
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.