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EGB issuance is concluded for.....>

EUROZONE ISSUANCE
EUROZONE ISSUANCE: EGB issuance is concluded for the week, with E28.5bln sold Vs
E28.4bln last week. Germany, Italy, Belgium, Greece and Austria came to market. 
- RECAP: Issuance began on Tuesday with Germany tapping the market for E5.0bln
in 0.00% Dec-20 Schatz. Also Tuesday, syndications included Greece selling new
5-Yr benchmark Apr-24 for E2.5bln, Austria selling new 10-Yr benchmark Feb-29
for E5bln, and Belgium selling new 30-Yr Jun-50 OLO also for E5bln. 
On Wednesday, Italy sold a combined E5.25bln of 2.45% Oct-23 BTP and 2.80%
Dec-28 BTP, and a further E2.75bln of new Jan-25 CCTeu. 
Austria also announced this week that they have cancelled their auction on Feb
5, this weeks syndication taking it's place.  
- CASH FLOW: Cash returning to market this week totals E53.7bln (E41.2bln in
redemptions, E12.5bln in coupons) leaving total cash flow at -E25.2bln Vs
E28.3bln last week. 
** For full details, please see MNI Eurozone bond auction calendar. 
* Cash Flow Matrix: http://marketnews-m.objects.xtenit.com/CFM280119.pdf

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