MNI BRIEF: EU Parliament Backs Von Der Leyen For 2nd Term

MNI: ECB LEAVES KEY DEPOSIT RATE UNCHANGED AT 3.75%

MNI China Daily Summary: Thursday, July 18

MNI BRIEF: China To Upgrade Rural Land Reform: 3rd Plenum

MNI BRIEF: China's Third Plenum Eye's Deeper Financial Reform

MNI BRIEF: China Third Plenum Expands International Opening

Employment Insurance Rises In May After Stable Trend, Up 14% YOY

MNI: US JUL PHILADELPHIA FED MFG INDEX 13.9

MNI: US JOBLESS CLAIMS +20K TO 243K IN JUL 13 WK

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EGB Supply

EUROZONE ISSUANCE

The EU, Italy, Estonia, Austria, Germany, Ireland and potentially Croatia and Spain all look to issue this week. We pencil in gross nominal issuance of E24.1bln excluding retail operations, down from E37.0bln last week.

  • The EU is scheduled to hold a dual-tranche 7/20-year syndication today with the 7-year 1.625% Dec-29 EU-bond (ISIN: EU000A3K7MW2) on offer alongside the 20-year 3.375% Nov-42 EU-bond (ISIN: EU000A3K4DV0).
  • Estonia held investor calls yesterday ahead of a tap of the 10-year 4.00% Oct-32 Estonia (ISIN: XS2532370231). The transaction will have a size of E500mln WNG.
  • Croatia also held investor calls yesterday ahead of a potential new 12-year issue.
  • We continue to pencil in a Spain syndication for this week with a new 10-year Oct-33 Obli due to be launched some time in June. We look for a transaction size of E10-15bln.
  • Austria will kick off auctions for the week this morning with a combined E1.495bln on offer of the on-the-run 10-year 2.90% Feb-33 RAGB (ISIN: AT0000A324S8) and the 0.25% Oct-36 RAGB (ISIN: AT0000A2T198) on offer.
  • Germany will also come to the market this morning for an Index-linked Bund auction. E400mln of the 0.10% Apr-33 ILB (ISIN: DE0001030583) will be on offer alongside E200mln of the 0.10% Apr-46 ILB (ISIN: DE0001030575).
For more on this week's issuance and a look ahead to next week's supply see the PDF here:

EZ230606.pdf

BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.