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Free AccessThere is no Eurozone.......>
EUROZONE T-BILL ISSUANCE: There is no Eurozone sovereign T-bill issuance Tuesday
with Italy next scheduled to come to the market on Friday. Overall issuance is
estimated to come in at E12.8bln this week vs E13.14bln last week.
- SUPPLY: Italy comes to the Market on Friday with a new 6-month Jan 31, 2019
BOT with confirmation of the size announced on Tuesday but expected to be for up
to E6bln.
- RECAP: To recap issuance so far this week, on Monday Germany tapped Oct 10,
2018 Bubill for E2.0bln. In the afternoon France allotted E2.893bln in a tap of
a 3-month BTF, E895mln in tap of a 6-month BTF and E996mln of a new 12-month
BTF.
- REINVESTMENT FLOWS: T-bill redemptions this week are due from France E7.191bln
only, turning net cash flow positive to the tune of E5.6bln vs +E4.57bln last
week.
** For full details of forthcoming issues, please see Eurozone T-bill auction
calendar
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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.