ITALY AUCTION PREVIEW: On offer next week / Cancellation

Dec-05 17:13

MEF has announced it will be looking to sell the following at its auction next Thursday, December 11:

  • E2.5-3.0bln of the 2.35% Jan-29 BTP (ISIN: IT0005660052)
  • E0.75-1.0bln of the 2.70% Oct-30 BTP (ISIN: IT0005654642)
  • E0.75-1.0bln of the 3.00% Oct-29 BTP (ISIN: IT0005611055)

MEF "moreover announces that, taking into the cash management activity foreseen for the next weeks, the BOT and BTP Short Term auctions scheduled for the 29th of December, and the medium-long term bonds auctions scheduled for the 30th of December, will not take place."

  • The capital market auction cancellation comes as expected by us. We would have expected the Dec 29 BOT auction to be held, however.


 

Historical bullets

PIPELINE: Corporate Bond Update: Santos, CBRE, Mattel Launched

Nov-05 17:13
  • Date $MM Issuer (Priced *, Launch #)
  • 11/05 $1B #Santos Finance 10Y +168
  • 11/05 $750M #CBRE Services 7Y +98
  • 11/05 $600M #Mattel 5Y +130
  • 11/05 $Benchmark Equinix 5Y +85
  • 11/05 $Benchmark Polaris +5Y +200a
  • 11/05 $Benchmark KEPCO 3Y SOFR+62, 5Y +47
  • 11/05 $Benchmark Intercontinental Exchange 3Y +45, +5Y +60
  • 11/05 $Benchmark Apollo Global Mgt 5Y +110a, 10Y +130a
  • 11/05 $Benchmark Transcontinental Gas Pipeline 10Y +120a, 30Y +130a

FED: US TSY TO SELL $58.000 BLN 3Y NOTES NOV 10, SETTLE NOV 17

Nov-05 17:05
  • US TSY TO SELL $58.000 BLN 3Y NOTES NOV 10, SETTLE NOV 17

FED: US TSY TO SELL $42.000 BLN 10Y NOTES NOV 12, SETTLE NOV 17

Nov-05 17:05
  • US TSY TO SELL $42.000 BLN 10Y NOTES NOV 12, SETTLE NOV 17