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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI Eurozone Inflation Insight – November 2024
MNI ASI OPEN: Fed Bostic Still Confident of Waning Inflation
MNI ASIA MARKETS ANALYSIS: Tsy Curves Twist Flatter
MNI EGB Issuance, Redemption and Cash Flow Matrix - W/C Jul 27
Germany, Italy and Belgium will issue bonds this week. We estimate supply of E21.3bn compared to E9.5bn last week.
ISSUANCE:
- Belgium will be the first to come to market with a sale of the 0.80% Jun-25 OLO and 0.90% Jun-29 OLO for E1.5-2.0bn on Monday.
- On Tuesday Italy will auction the 0.40% May-30 BTPEi for E0.75-1.0bn and the May-22 CTZ for E2.75-3.25bn.
- Germany will follow with a tap of the 0% Nov-27 bund for E4bn.
- On Wednesday Germany will return to auction the 0% May-35 Bund for E3.5bn.
- Italy will similarly return to the market for a second time on Thursday to auction M/L-Term BTPs with details TBA.
CASH FLOWS: E45.0bn in redemptions and E9.8bn of coupon payments will leave net cash flows at E-33.6bn of the week.
Click here to see the MNI Eurozone Issuance Profile & Cash Flow Matrix PDF or see attached below:
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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.