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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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Free AccessMNI BRIEF: RBA Details Hypothetical Monetary Policy Paths
MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday
Iliad Spread Curve Flattens On Strong Looking Results
- EUR spreads mixed on the day; EUR 25s ~3bps wider, EUR 30s ~4bps tighter.
- Illiad revealed FY rev +10.4% YoY (Q4 +11% YoY) led by +14.5% in Italian revenues (+20% YoY). FY EBITDAal was +4.2% on the back of strong growth in France (+4.6%).
- FY CapEx of EUR 2bn was 22% of revenues (down 7.1% on a like for like basis) while FCF rose nearly 23% to EUR 1.43bn. Leverage fell to 3x from 3.2x at FY22 on the EBITDAal growth.
- Can’t see any consensus figures but the results look strong in isolation; the growth in Italian revenues shows the inroads made in that market and the competitive pressure faced by incumbents.
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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.