MNI BRIEF: BOJ To Focus On Continued Positive Wage Setting

MNI BRIEF: Japan Q2 GDP To Rise 0.5% Q/Q; 2.2% Annualised

MNI BRIEF: China Retains Ample Policy Space In H2 – NDRC

MNI BRIEF: Caixin July Manufacturing PMI Falls Below 50

MNI: PBOC Net Drains CNY224.73 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Lower At 7.1323 Thurs; -0.83% Y/Y

Asia USD Sov Yields Lower, Indonesian CPI Below Estimates

Australia Jun Exports +1.7%; Imports +0.5%

MNI:AUSTRALIA JUN TRADE BALANCE A$+5589

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

W/C July 11, 2022

EUROZONE T-BILL ISSUANCE

Spain, Italy, Belgium and Ireland are still due to sell bills this week while Germany and France came to the market yesterday. We estimate issuance through first round operations to be E22.3bln, down from the E26.2bln sold last week.

  • Germany kicked off issuance yesterday morning selling E3bln of the 6-month Jan 18, 2023 bubill (E2.408bln allotted).
  • Yesterday France sold E6.092bln of 13/22/40/48-week BTFs, the top of the target range: E3.096bln of the new 13-week Oct 12, 2022 BTF, E1.198bln of the 22-week Dec 14, 2022 BTF, E0.600bln of the 40-week Apr 19, 2023 BTF and E1.198bln of the 48-week Jun 14, 2023 BTF.
  • This morning, Spain will look to sell E1.5-2.5bln of 3/9-month letras. On offer will be 3-month Oct 7, 2022 letras and 9-month Apr 14, 2023 letras.
  • Italy will then look to raise E7bln of the new 12-month Jul 14, 2023 BOT.
  • Also today, Belgium will look to sell E2.8-3.2bln of 3/12-month TCs: an indicative E1bln of the 3-month Nov 10, 2022 TC and an indicative E2bln of the new 12-month Jul 13, 2022 TC.
  • Ireland will conclude bill issuance for the week on Thursday with E1bln of the 3-month Oct 24, 2022 IRTB on offer.
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets

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.