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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI EUROPEAN MARKETS ANALYSIS: ECB Expected To Cut Rates Later
MNI EUROPEAN OPEN: A$ & Local Yields Surge Following Jobs Data
W/C July 8, 2024
Germany, France, Spain, Belgium and Italy are all due to sell bills this week. We expect issuance to be E24.3bln, up from E21.8bln last week.
- This morning, Germany will look to sell E2bln of the 3-month Oct 16, 2024 bubill and E2bln of the 9-month Apr 16, 2025 bubill.
- This afternoon, France will come to the market to sell up to E7.3bln of the 8/13/27/49-week BTFs: On offer will be E0.1-0.5bln of the new 8-week Sep 4, 2024 BTF, E3.2-3.6bln of the new 13-week Oct 9, 2024 BTF, E1.1-1.5bln of the 27-week Jan 15, 2025 BTF and E1.3-1.7bln of the 49-week Jun 18, 2025 BTF.
- Tomorrow, Spain will issue the 3-month Oct 4, 2024 letras and the 9-month Apr 11, 2025 letras. The amount will be announced thison Monday.
- Also tomorrow, Belgium will sell a combined E2.8-3.2bln of 4/12-months TCs: an indicative E1bln of the 4-month Nov 7, 2024 TC and an indicative E2bln of the new 12-month Jul 10, 2025 TC.
- On Wednesday, Italy will conclude issuance for the week selling E8bln of the new 12-month Jul 14, 2025 BOT.
For more on future auctions see the full MNI Eurozone/UK T-bill auction calendar here.
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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.