REFINING: PBF Torrance Reports Unplanned Flaring
Jan-16 09:13
PBF reports unplanned flaring at its 160,000 bpd Torrance refinery according to a district filing.
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EGB FUNDING UPDATE: German 2025 funding plan details
Dec-17 09:08
- Total capital markets issuance: E254bln (E272.5bln in 2024)
- Schatz: E70.5bln in 16 auctions (E76bln in 2024 in 16 auctions)
- Bobl: E62.5bln in 14 auctions (E48bln in 2024 in 12 auctions)
- 7-year Bund: No issuance planned (E15bln in 2024 in 5 auctions)
- 10-year Bund: E64bln in 15 auctions (E70bln in 2024 in 16 auctions)
- 15-year Bund: E17bln in 9 multi-ISIN auctions, no new issue (E16.5bln in 2024 in 8 multi-ISIN auctions plus one single ISIN launch)
- 30-year Bund: E26bln in monthly ex-Dec auctions (E22bln in 2024 in monthly ex-Dec auctions)
- Green: E13-15bln in 8 auctions, new 10-year Green Bund to be launched(E17.5bln in 2024 from E17-19bln initial target: E14.5bln sold via auction, E3.0bln via syndication)
- Syndication: 2 transactions including the launch of a new 30-year Bund (E12bln initial 2024 target: E10.5bln of 2.50% Aug-54 Bund plus E3.0bln of 1.80% Aug-53 Green Bund sold)
EGB FUNDING UPDATE: German 2025 funding plan
Dec-17 09:02
- Total Federal securities: E380bln (E435.5bln in 2024 from E440bln initial target)
- Total capital markets issuance: E240bln (E272.5bln in 2024)
- Bubill issuance: E126bln (E163bln in 2024 from initial E165bln target)
So that is a bigger reduction in Bubill issuance than expected and at the bottom of the range for capital marketse issuance.
MNI: GERMANY DEC IFO BUSINESS CLIMATE INDEX 84.7
Dec-17 09:00
- MNI: GERMANY DEC IFO BUSINESS CLIMATE INDEX 84.7
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