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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI US CPI Preview: Setting The Tone For 2025
MNI ASIA MARKETS OPEN: NY Fed Inflation Expectations Gaining
MNI ASIA MARKETS ANALYSIS: Tsy Ylds Drift Higher Ahead CPI/PPI
The Netherlands, Germany,.........>
EUROZONE ISSUANCE: The Netherlands, Germany, Portugal, Italy, Ireland and the
EFSF are all due to come to the market this week. We estimate issuance of
E20.6bln compared to E17.5bln last week.
- RECAP: The Netherlands sold E6bln of the 0% DSL Jul-30 on Tuesday. Germany
allotted E2.8bln of the 0.00% Feb-30 Bund on Wednesday, with Portugal following
up with a combined E1.18bln sale from auctioning the 2.875% Oct-25 PGB and
0.475% Oct-30 PGB.
- ISSUANCE: On Thursday, Italy will sell the 0.60% Jun-23 BTP, 3.10% Mar-2040
BTP, 0.85% Jan-27 BTP and 1.35% Apr-2030 BTP for a combined E5.5-7.0bln. Ireland
will also come to market on Thursday to auction the 1.1% May-29 TB for
E0.75-1.0bln.
- The EFSF also sold E2.0bln of the 0.40% Jan-26 bond on Tuesday.
- CASH FLOWS: There are E13.0bln of redemptions and E0.9bln in coupons in the
upcoming week. We estimate this will leave net cash flows at E6.7bln against
-E9.2bln last week. ** For further information please see MNI Eurozone Issuance
Profile & Cash Flow Matrix: https://emedia.marketnews.com/CFM090320uxna.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.