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Why MNI
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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 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
Issuance this week includes six...>
EUROZONE ISSUANCE: Issuance this week includes six auctions and three
syndications, with total proceeds estimated at E19.4bln.
- RECAP: On Tuesday, the Netherlands sold E1.4bln of 0.25% Jul-29 DSL, while
Germany sold E0.4bln of 0.10% Apr-23 Bundei and E0.2bln of 0.50% Apr-30 Bundei.
- ISSUANCE: On Wednesday, Germany sells E4bln of new Aug-29 Bund. Also on
Wednesday, Portugal sells between E1.0-1.25bln combined of 1.95% Jun-29 PGB and
4.1% Feb-45 PGB. Italy sells 3-/7-Yr BTPs on Thursday: E2.5-3.0bln 1.00% Jul-22
BTP and E2.0-2.5bln of 2.10% Jul-26 BTP. Also on Thursday, Ireland sells a
combined E1.0bln of 1.10% May-29 IGB and 1.30% May-33 IGB.
- SYNDICATION: Slovenia tapped 1.19% Mar-29 bond for E0.35bln on Monday. The
EFSF sold E2bln 10-Yr benchmark and a E1bln increase of the 1.75% Jul-53. And
Italy tapped 50-year 2.80% Mar-67 BTP for E3bln via syndication.
- CASH FLOW: Small redemptions (E0.2bln) and coupons (E0.1bln) mean cash flow is
set to come in at positive E19.0bln, vs negative E20.4bln this week.
** For full details, please see MNI Eurozone bond auction calendar, and MNI Cash
Flow Matrix: https://emedia.marketnews.com/CFM080719.pdf
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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.