Free Trial

On Dec 11 Belgium....>

BELGIUM T-BILL AUCTION PREVIEW
BELGIUM T-BILL AUCTION PREVIEW: On Dec 11 Belgium come to market for
E0.8-1.2bln. On offer is the 12-month Nov-7 TC. 
- HISTORY: For comparison at the last auction of a 12-month Treasury Certificate
on Nov 6: E1.7bln was allotted, average yield of -0.589%, cover of 2.28x. 
- RV/BACKGROUD: The Euribor curve shifted around 0.5 ticks lower on Dec 10, in
line with White and Red Eurodollar contracts. Eurodollar Greens and Blues rose
around 0.5 ticks higher as the week began on fairly quiet footing. Sunday saw
Belgian Prime Minister Charles Michel desperately reshuffling his government and
staving off its collapse as his tenuous pact with Flemish nationalists finally
reached a breaking point over an international migration pact. 
- TIMING: Results will be available shortly after the auction closes at 1030GMT.

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.