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Free AccessT-BILL AUCTION PREVIEW: On Monday the...>
NETHERLANDS: T-BILL AUCTION PREVIEW: On Monday the DSTA will tap the market for
E1.0-2.0bln.
On offer are the 3-month Feb 20 2019, and 6-month Apr 30 2019 DTCs.
- HISTORY: The results of the last auction of the above bills is listed below:
3-month: average yield -0.76%, cover 1.64x, on 15/10/2018.
6-month: average yield -0.56%, cover 1.46x, on 04/02/2019.
- BACKGROUND: Dutch yields have been suppressed across the curve by a glut of
poor European data as investors have looked for safe havens.
The current yield levels of the above DTCs are as follows: The 3-month DTC is at
-0.561%, 6-month at -0.548%.
- TIMING: Results are due shortly after the auction closes at 1030GMT.
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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.