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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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T-Bill issuance is.........>
EUROZONE T-BILL ISSUANCE: T-Bill issuance is complete for this week, with
France, Belgium, the Netherlands, Greece, and the ESM selling a combined
E12.9bln (vs E14.1bln last week).
- RECAP: The Netherlands kick off issuance on Monday, selling 6-month Apr 30,
2019 DTC for E1.53bln. Also on Monday, France sold 3-month Feb 6, 2019 BTF for
E3.0bln, 6-month Apr 10, 2019 BTF for E1.1bln, and 12-month Oct 9, 2019 BTF for
E0.9bln. On Tuesday, Belgium sold 1-/6-/12-month bills for a combined E3.6bln:
E1.1bln of Dec 13, 2018; E0.8bln of Mar 7, 2019; and E1.7bln of Nov 7, 2019.
Also Tuesday, the ESM sold 3-month Feb 7, 2019 bills for E2.0bln. Finally,
Greece concluded issuance on Wednesday, selling E0.8bln of 3-month Feb 8, 2019
bills.
- CASH FLOWS: With an estimated E13.3bln in bill redemptions (incl E4.8bln
France, and E5.6bln Belgium), net cash flow will roughly balance out, coming in
at negative E0.4bln, versus negative E3.6bln last week.
** For full details of forthcoming issues, see Eurozone T-bill auction calendar
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Why MNI
MNI is the leading provider
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