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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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Free AccessThe Netherlands, Germany,.........>
EUROZONE ISSUANCE: The Netherlands, Germany, Portugal, Ireland, and Italy come
to market this week, selling E11.6bln in EGBs, vs E17.7bln this week.
- RECAP: The Netherlands sold E1.54bln of the 0.25% Jul-29 DSL on Tuesday. On
the same day Germany allotted E0.207bln of the 0.1% Apr-46 Bundi. On Wednesday,
Portugal re-opened two PGBs for a combined total of E1.0bln: the 1.95% Jun-29
PGB and 2.25% Apr-34 PGB.
- ISSUANCE: Ireland will re-open the 1.1% May-29 bond for E1.0bln on Thursday.
On the same day Italy will sell the 0.05% Jan-23 BTP for E3.5-4.0bln, the 2.10%
Jul-26 BTP for E1.75-2.25bln and the 3.85% Sep-49 BTP for E1.0-1.5bln.
- CASH FLOW: With redemptions of E14.4bln (largely E13bln Schatz, plus E1.4bln
Finland) and E0.1bln in coupons, net cash flow will come in at negative 2.6bln,
vs negative E17.4bln this week. ** For further details please see MNI Cash Flow
Matrix and Issuance Profile: https://emedia.marketnews.com/CFM06092019.pdf
To read the full story
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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.