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EGB Supply (1/2)

EUROZONE ISSUANCE
Italy, Germany and Finland are all still due to issue this week while Slovakia came to the market yesterday. We pencil in gross nominal issuance of E13.7bln, down from E31.0bln last week.
  • This morning will see Germany come to the market to hold its last Bobl auction of 2023 with E3.5bln of the 2.40% Oct-28 Bobl (ISIN: DE000BU25018) on offer.
  • Also today, Finland will come to the market with up to E700mln of the on-the-run 3.00% Sep-33 RFGB (ISIN: FI4000550249) on offer alongside up to E300mln of the off-the-run 0.125% Apr-36 RFGB (ISIN: FI4000415153).

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