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EGB Supply

EUROZONE ISSUANCE

Belgium looks to conclude issuance for the week with an ORI operation today while Germany and Italy have held both syndications and auctions already this week, Greece has held a syndication and Spain and France have held auctions. We pencil in estimated gross issuance for the week at E58.6bln, up from E23.2bln last week, but with the return of higher redemptions and coupons.

  • Belgium will come to the market on Friday to hold an ORI auction with a combined up to E500mln of the 10-year 1.25% Apr-33 Green OLO (ISIN: BE0000346552) and the on-the-run 20-year 3.45% Jun-43 OLO (ISIN: BE0000359688) on offer.
For more on this week's issuance and a look ahead to next week's supply see the PDF here:

EZ240202.pdf


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