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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.
MNI UST Issuance Deep Dive: Oct 2023
MNI UST Issuance Deep Dive: Oct 2023
EXECUTIVE SUMMARY:
- The US Treasury is set to continue raising the size of nominal coupon auction sizes for at least the next few quarters. MNI’s expectations for the rest of 2023 is in the table below.
- Total nominal coupon issuance in October is set to reach $255B.
- Large ongoing fiscal deficits mean the November 1 Refunding announcement is likely to point to a further increase in nominal coupon sizes across the board in the final quarter of the calendar year.
- Our full Refunding preview will be published at the end of October and will include projections through calendar Q1 2024.
Please see PDF for full analysis:
MNI_US_DeepDive_Issuance_2023_10.pdf
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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