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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Germany, France, Spain,....>
EUROZONE T-BILL ISSUANCE: Germany, France, Spain, the Netherlands, Portugal and
the ESM will issue T-Bills this week. We estimate supply at E12.6bln for the
week compared to E20.8bln last week.
- RECAP: Germany allotted E1.39bln of 6-month bubills on Monday. The Netherlands
followed with a combined E2.36bln sale of 2.5-month and 5.5 month DTCs. France
then sold a combination of 3-/6-/12-month BTFs for E4.39bln.
- ISSUANCE: Spain will then auction 3-month and 9-month letras on Tuesday for
E1.0-2.0bln. The ESM will sell 6-month bills for E1.5bln on the same day. On
Wednesday Portugal will sell the May 22, 2020 BT and Jan 15, 2021 BT for a
combined E1.0-1.25bln. Finally, Ireland is scheduled to issue T-bills on
Thursday with details yet to be nnounced.
- CASH FLOWS: There will be E5.4bln on redemptions which will leave net cash
flows at E12.6bln for the week.
** For further details please see MNI Eurozone T-Bill Calendar
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.