Trial now
USDCAD TECHS

Heads North

EUROZONE ISSUANCE

EGB Supply For W/C Sep 20, 2021

JPY

Familiar Lines In the Sand In Play For USD/JPY

AUDUSD TECHS

Bearish Cycle Still In Play

EUROZONE T-BILL ISSUANCE

Bill Supply For W/C Sep 20, 2021

EURJPY TECHS

Needle Points South

T-Bill Supply For W/C Oct 12

EUROZONE T-BILL ISSUANCE
Germany, France, Spain, Belgium, Finland and the ESM will issue bills for the W/C Oct 12. We estimate supply of E15.6bn compared to E20.5bn last week.
  • ISSUANCE: On Monday Germany will sell E1.5bn each of Jan 20, 2021 and Jul 28, 2021 bubills. France will then sell a combination of 3-/6-/12-month BTFs for E4.1-5.3bn. Spain will come to market on Tuesday to sell 3- and 9-month letras with target volumes TBA. Belgium will follow with an auction of short and long TCs for E1.6-2.0bn. Finland will then sell May 11, 2021 and Aug 10, 2021 bills for a combined E2.0bn. The ESM will also offer E1.5bn of 12m bills.
  • CASH FLOWS: E19.6bn of redemptions will leave net cash flows at E-4.0bn for the week.
** For further details please see MNI Eurozone T-Bill Calendar
MNI London Bureau | +44 0203-865-3808 | bruce.jeffery@marketnews.com