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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 AccessIt will be a busy week.....>
EUROZONE T-BILL ISSUANCE: It will be a busy week for issuance this week with
France, Italy, Spain, Belgium, the Netherlands, the ESM and Slovenia coming to
market. Total issuance is estimated at E21.8bln compared to E6.4bln last week.
- RECAP: The Netherlands was the first to issue this week with a sale of the
6-month Mar 31, 2020 DTC for E1.1bln. France followed with a sale of
3-/6-/12-month BTFs for a combined E4.89bln. The ESM raised E3.5bln from the
3-month Sep 9, 2020 bill on Tuesday. On the same day Belgium tapped the Jan 16,
2020 TC and the Sep 10, 2020 TC for E1.65bln. Slovenia raised E72mn from T-bill
sales on Tuesday.
- ISSUANCE: Spain will sell 6-/12-month letras for E4.0-5.0bln on Thursday. On
the same day
Italy will sell 12m BOTs for E6.0bln.
- CASHFLOWs: There will be E7.2bln in redemptions which will leave net cash
flows at E14.6bln.
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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.