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EGB Supply

EUROZONE ISSUANCE

Italy looks to return to the market today this week while the EU, Italy, the Netherlands and Germany have already issued this week. We pencil in gross nominal issuance of E21.9bln from announced operations, down from E33.7bln last week.

  • This morning, Italy will come to the market to hold an auction of the 3.40% Mar-25 BTP Short Term (ISIN: IT0005534281) for E2.25-2.75bln. There will be no BTPei auction held due to Tuesday's 15-year BTPei syndication.
For more on this week's issuance and a look ahead to next week, see the PDF here:

EZ230525.pdf

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