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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, Italy, and the...........>
EUROZONE ISSUANCE: Germany, Italy, and the Netherlands will issue EGBs this
week. We estimate supply of E22.9bln compared to E49.6bn last week.
- ISSUANCE: Italy will come to market twice this week, with the first auction
taking place on Tuesday for the 0.40% May-30 BTPEi and May-22 CTZ for a combined
E4.0-5.0bn. On the same day Germany will tap the 0% Jun-22 Schatz for E5bn. The
Netherlands will conclude issuance on Tuesday with a E3-5bn sale of the 0%
Jan-27 DSL. Italy is scheduled to return on Friday to sell M-/L-T BTPs with
details TBA.
CASH FLOWS: There will be E18.6bln in redemptions and E7.8bln in coupon
payments which will leave net cash flows at E-3.5bln for the week.
** For further details please see the MNI Eurozone Issuance Profile & Cash Flow
Matrix: https://emedia.marketnews.com/marketnewsintl/CFM250520pksm.pdf
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.