Free Trial

This week will see an estimated...>

EUROZONE ISSUANCE
EUROZONE ISSUANCE: This week will see an estimated E20.3bln in eurozone bond
issuance Vs E22.6bln last week. Slovakia, Germany, France and Italy are all
expected to come to market. 
- ISSUANCE: Weekly bond issuance kicks off on Monday morning with Slovakia
coming to market for E0.2bln selling the 1.0% Jun-28 and 2.0% Oct-47 SGBs. 
Wednesday sees the turn of Germany when they tap the market for E4.0bln selling
the new 0.00% Arp-24 Bobl. On 
Thursday France will auction four nominal bonds for a combined E8.0-9.0bln and
three linker bond for a total of E1.0-1.5bln. 
Italy wrap up the issuance on Friday, auction details are released on Tuesday. 
- CASH FLOW: This week sees E0.1bln worth cash flows returning to market
(E00.0bln in redemptions, E0.1bln in coupons). This left a net cash flow of
positive E20.2bln this week, versus negative E5.5bln last week. 
** For full details, please see MNI Eurozone bond auction calendar: 
* Cash Flow Matrix: http://marketnews-m.objects.xtenit.com/CFM140119.pdf 
* Issuance Profile: http://marketnews-m.objects.xtenit.com/IP210119.pdf

To read the full story

Close

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.