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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 AccessGermany, France, Spain,....>
EUROZONE T-BILL ISSUANCE: Germany, France, Spain, Netherlands, Belgium,
Portugal, Ireland, Slovenia and the ESM issued bills this week. Total supply
came to E30.4bn compared to E38.5bn last week.
- RECAP: Germany was the first to auction with a sale of 3- and 9-month bubills
on Monday and allotted E5.6bn. The Netherlands followed with a sale of 6.5- and
11.5-month DTCs for E3.71bn. France concluded Monday's issuance with a sale of
3-/6-/12-month BTFs for a combined E8.79bn. Spain sold E3.1bn of 3- and 9-month
letras on Tuesday. On the same day Belgium sold E2.59bn of the Nov 12, 2020 and
Jul 15, 2021 TCs. The ESM sold E1.5bn of 12-month bills. Slovenia auctioned
3-/6-/15-month bills for a combined E174mn. Portugal came to market on Wednesday
to sell 6- and 12-month for E1.75bn. Ireland rounded off issuance for the week
with an auction of 5-month bills for E750mn on Thursday.
- CASH FLOWS: E27.6bn of redemptions will leave net cash flows at E2.5bn for the
week. ** For further details please MNI Eurozone T-Bill Calendar.
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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.