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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI China Press Digest Jan 31: Li Qiang, 10Y CGB, HK Listings
MNI: PBOC Sets Yuan Parity Lower At 7.1039 Weds; -5.49% Y/Y
Italy will come to market.....>
ITALY AUCTION PREVIEW: Italy will come to market on Thursday for a tap of
E8.0-9.5bn. On offer are the 0.40% Aug-23 BTP, 0.85% Jan-27 BTP and the 1.45%
Sep-20 BTP.
- BACKGROUND: Previous auction results (date, volume, average yield,
bid-to-cover): 0.85% Jan-27 BTP (13 May 2020, E2.5bn, 1.53%, 1.50x), 1.45%
Mar-36 BTP (9 Apr 2020, E1.25bn, 2.06%, 1.62x).
- RV/HISTORY: BTPs have sold off this week, although yields still remain far
below the March and April blow-out levels. Heightened economic uncertainty will
keep trading volatile, but expansion of the ECB's security purchase programmes
has driven down a lot of the risk premia that had previously built up in
periphery EGBs. This is a particularly heavy week of European supply with in
excess of EUR80bn in bills, EGBs and syndications. The latter in particular
continue to see particularly strong demand and suggest potential for solid
take-up of BTPs at Thursday's auction.
- TIMING: Results are due after the auction closes at 1000BST.
To read the full story
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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.