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EGB Supply

EUROZONE ISSUANCE

Belgium is due to hold an ORI operation today while Italy, the EU, The Netherlands, Germany and France have already held auctions this week. The syndication schedule slowed down again given the Mayday / bank holiday across much of Europe. We pencil in estimated gross issuance for the week at E32.9bln.

  • Belgium will look to complete issuance for the week today with an ORI operation for up to E500mln with the 2.25% Jun-57 OLO (ISIN: BE0000343526) and the 0.65% Jun-71 OLO (ISIN: BE0000353624) on offer.
For more on this week's issuance and a look ahead to next week's supply see the PDF here:

EZ240503.pdf

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