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Free AccessIreland comes to the.......>
EUROZONE T-BILL ISSUANCE: Ireland comes to the Eurozone T-bill issuance market
Thursday with with launch of a new 12-month Jun 17, 2019 T-bill for E500mln.
Issuance is now estimated to be E23bln versus E12.6bln issued last week.
- RECAP: To recap issuance so far this week, Germany issued new 6-month DTC for
E3bln. In the afternoon France allotted E2.995bln tap of a 3-month BTF, E997mln
of a new 6-month BTF and E798mln tap of a 12-month BTF. on Tuesday Spain
allotted E930mln in tap of 6-month Letras and E4.545bln in new 12-month Letras.
Italy sold E6bln news 12-month BOTs and Belgium allotted E1.21bln in tap of
3-month TCs and E1.182bln in new 12-month TCs. On Wednesday Greece issued new
52-week T-bill for E812.5mln.
- REINVESTMENT FLOWS: T-bill redemptions this week are due from France E8,24bln,
Italy E6.5bln, Spain E7.756bln and Belgium E2.003bln turning net cash flow
negative to the tune of E1.53bln vs -E1.2bln last week.
** For full details of forthcoming issues, please see Eurozone T-bill auction
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.