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EUROZONE ISSUANCE: EGB Supply

EUROZONE ISSUANCE

Germany has announced a 30-year mandate while Spain and France are both due to hold conventional auctions on Thursday and Belgium is due an ORI auction on Friday. Already this week, the Netherlands held a DDA, Belgium held a syndication whilst Austria and Germany held auctions. We look for estimated gross issuance for the week of E42.6bln (excluding retail operations), up from E35.6bln last week.

For the full document including more details on issuance this week and next week click here.EZ250305.pdf

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Germany has announced a 30-year mandate while Spain and France are both due to hold conventional auctions on Thursday and Belgium is due an ORI auction on Friday. Already this week, the Netherlands held a DDA, Belgium held a syndication whilst Austria and Germany held auctions. We look for estimated gross issuance for the week of E42.6bln (excluding retail operations), up from E35.6bln last week.

For the full document including more details on issuance this week and next week click here.EZ250305.pdf

Keep reading...Show less