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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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Free AccessMNI US OPEN - Trump Warns BRICS Over Moving Away From USD
MNI BRIEF: Japan Q3 GDP To Be Slightly Revised Down
This week will see an estimated...>
EUROZONE ISSUANCE: This week will see an estimated E17.4bln of EGB issuance,
down slightly from E21.7bln last week. Italy will be last to sell this week.
- RECAP: On Tuesday, Italy re-opened Nov-20 CTZ for E2.0bln and 1.30% May-28
BTPei for E0.9bln. Also Tuesday, Germany allotted E3.2bln of Mar-21 Schatz.
On Wednesday, Germany returned to market, allotting E2.4bln of re-opened
benchmark 10-Yr 0.25% Feb-29 Bund. Italy returned to markets on Thursday,
selling E7.5bln of BTPs. This included 3.75bln of new 1.75% Jul-24 BTP, 2.75bln
of re-opened 3.00% Aug-29 BTP, 1.0bln of re-opened Jan-25 CCTeu.
- CASH FLOW: With fairly large coupon payments this week of E4.8bln (E4.6bln of
which are from Belgium, E0.1bln from Italy) and E9.2bln of redemptions (almost
all of which is Mar-19 Belgian OLO), net cash flow will come in at an estimated
positive E3.5bln, versus positive E20.9bln last week.
** For full details, please see MNI Eurozone bond auction calendar
* Cash Flow Matrix: https://emedia.marketnews.com/CFM250319.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.