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The week ahead in eurozone T-bill issuance will be relatively quiet, with only Germany and France to sell bills, both due today. MNI estimates issuance at first round operations of E12.0bln, down from last week's E17.4bln.
- Germany will kick off issuance for the week this morning, with E3bln of each of the 5-month Jan 18, 2023 bubill and the 11-month Jul 19, 2023 bubill on offer.
- France will then conclude the week's issuance this afternoon with up to E6.0bln of 12/23/41/49-week BTFs on offer: E2.4-2.7bln of the 12-week Nov 23, 2022 BTF, E1.2-1.6bln of the new 23-week Feb 8, 2023 BTF, E0-0.4bln of the 41-week Jun 14, 2023 BTF and E0.9-1.3bln of the 49-week Aug 9, 2023 BTF.
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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.