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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 AccessW/C July 22, 2024
Germany, France, Austria, Greece and Italy are due to sell bills next week. We expect issuance to be E21.5bln in first round operations, up from E18.2bln this week.
- On Monday morning, Germany will come to the market to sell E2bln of the 5-month Dec 11, 2024 bubill and E3bln of the 11-month Jun 18, 2025 bubill.
- On Monday afternoon, France will look to sell up to E8bln of the 13/16/25/51-week BTFs: E3.3-3.7bln of the new 13-week Oct 23, 2024 BTF, E0.2-0.6bln of the 16-week Nov 14, 2024 BTF, E1.5-1.9bln of the 25-week Jan 15, 2025 BTF and E1.4-1.8bln of the 51-week Jul 17, 2025 BTF. We note that this is a larger-than-usual BTF auction.
- On Tuesday, Austria will sell E1bln of the 3-month Oct 31, 2024 ATB and E1bln of the 6-month Jan 30, 2025 ATB.
- On Wednesday, Greece will come to the market to sell E500mln of the new 26-week Jan 24, 2025 GTB.
- Finally, on Friday Italy will issue a new 6-month BOT. Details and the size will be confirmed on Tuesday.
For more on future auctions see the full MNI Eurozone/UK T-bill auction calendar here.
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.