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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 AccessIssuance this week will....>
EUROZONE T-BILL ISSUANCE: Issuance this week will total E21.3bln, with seven
countries coming to market, vs issuance of E11.0bln last week.
- ISSUANCE: On Monday, Germany kicks off weekly issuance by selling 6-month
Bubill for E2.0bln. Later Monday, France sells up to E4.8bln in BTFs:
E2.1-2.5bln of 3-month, E0.7-1.1bln of 6-month, and E0.8-1.2bln of 12-month. On
Tuesday, Spain sells 6- and 12-month Letra, amount TBA but MNI estimates between
E4-5bln. Also Tuesday, Belgium sells a combined E2.4-2.8bln of 4-month and
12-month TCs, and Slovenia sells 3- and 12-month T-bills, amount TBA - MNI
estimates E0.1bln total.
- On Wednesday, Italy sells E6.5bln of 12-month BOT, then Greece concludes
weekly issuance by selling E0.625bln of 12-month bills.
- CASH FLOWS: E25.3bln in bill maturities this week (the 3rd-highest weekly
total of the year) led by France, Belgium, Spain and Italy will leave net cash
flow at negative E4bln, vs positive E5.5bln last week.
** For further details please see MNI T-Bill Issuance Calendar.
To read the full story
Sign up now for free trial access to this content.
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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.