Free Trial

Italy comes to the.........>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: Italy comes to the Eurozone T-bill issuance market
Thursday with launch of a new 12-mth May 14, 2019 BOT for E6.5bln. Issuance is
estimated to total E23.8bln versus E8.368bln issued last week.
- RECAP: To recap issuance so far this week, on Monday the Netherlands issued a
new 6-month DTC for E1.47bln. In the afternoon France allotted E3.299bln of a
new 3-month BTF, E998mln tap of a 6-month BTF and E1.296bln tap of a 12-month
BTF. On Tuesday Spain allotted E425mln of a 6-month Letra and E4.075bln of a new
12-month Letra. Belgium allotted E770mln in a 4-month TC and E1.834bln in a new
12-month TC. While the ESM issued a new 3-month Bill for E1.963bln. On Wednesday
Greece issued E1.1375bln of a new 13-wk T-bill. 
- REINVESTMENT FLOWS: T-bill redemptions this week are due from France
E5.682bln, Spain E8.359bln, Belgium E5.096bln, ESM E1.996bln and Greece for
E1.4bln turning net cash flow positive to the tune of E1.3bln

To read the full story

Close

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.