EGB issuance is now finished......>

EUROZONE ISSUANCE: EGB issuance is now finished for the week with E7.0bln

allotted vs E11.0bln last week, Spain and France were the only two countries to

come to market. 

- RECAP: Spain kicked off issuance for the week on Wednesday, selling E0.55bln

of the 0.05% Oct-21 Bono, E1.27bln of the 0.35% Jul-23 Bono, and E1.15bln of the

1.40% Jul-28 Obli. France wrapped up the week`s issuance on Thursday selling the

1.75% May-23, 0.50% May-25, 3.50% Apr-26, and 0.25% Nov-26 OATs for a combined

E4.0bln. 

- CASH FLOWS: It was a week of large cash flows returning to market (E18.8bln in

redemptions, E1.1bln in coupons) which saw cash flow of net negative E12.9bln

this week, versus net negative E15.5bln last week. 

** For full details, please see MNI Eurozone bond auction calendar: 

* Net Cash Flow Matrix: http://marketnews-m.objects.xtenit.com/CFM101218.pdf 

* Issuance Profile: http://marketnews-m.objects.xtenit.com/IP101218.pdf