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Why MNI
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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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Portugal comes to the......>
EUROZONE T-BILL ISSUANCE: Portugal comes to the Eurozone T-bill issuance market
Wednesday with re-opening of Nov 16, 2018 T-bill and Jul 19, 2019 T-bill for a
combined amount of between E0.75-E1.0bln. Issuance is now estimated to be
E13.7bln versus E17.15bln issued last week.
- RECAP: To recap issuance so far this week, on Monday Germany launched a new
6-month Bubill for E3.0bln. In the afternoon France allotted E2.697bln in a new
3-month BTF, E1.499bln tap of 6-month BTF and E997mln in tap of a 12-month BTF.
On Tuesday Spain allotted E335mln in 6-month Letra and E4.231bln in 12-month
Letra.
- REINVESTMENT FLOWS: T-bill redemptions this week are due from France E6.35bln,
Germany E7.0bln, Spain E7.886bln and Italy E6.692bln turning net cash flow
negative to the tune of E11.9bln vs +E5.18bln last week.
** For full details of forthcoming issues, please see Eurozone T-bill auction
calendar
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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.