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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 AccessThis week will see an estimated...>
EUROZONE ISSUANCE: This week will see an estimated E29.5bln in eurozone bond
issuance Vs E22.6bln last week. Slovakia, Spain Germany, France and Italy are
all expected to come to market.
- RECAP: Weekly bond issuance was kicked off on Monday morning with Slovakia
allotting E0.2bln through selling the 1.0% Jun-28 and 2.0% Oct-47 SGBs. On
Tuesday Spain syndicated the new 1.45% Apr-29 Bono, alloting E10.0bln Wednesday
saw the turn of Germany allotting E3.2bln for the new 0.00% Arp-24 Bobl.
- ISSUANCE: 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 E29.5bln this week, versus negative E5.5bln last week.
** For full details, please see MNI Eurozone bond auction calendar:
* Cash Flow Matrix & Issuance Profile:
http://marketnews-m.objects.xtenit.com/CFM210119.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.