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EGB Supply

EUROZONE ISSUANCE

Germany, Greece, Spain, and France all still look to hold auctions this week while Slovakia and Belgium came to the market yesterday. We pencil in estimated gross issuance for the week at E27.5bln, up from E24.7bln last week.

  • Germany, this morning, will look to sell E4bln of the 2.10% Apr-29 Bobl (ISIN: DE000BU25026).
  • Greece, tomorrow will look to hold a GGB auction. Details will be announced today.
  • Germany will return to the market tomorrow to hold a 30-year Bund auction. On offer will be E2bln of the 2.50% Aug-54 Bund (ISIN: DE000BU2D004), up from a previously announced E1bln. This increased size is instead of opening another 30-year Bund alongside the 2.50% Aug-54 Bund.
For more on this week's issuance and a look ahead to next week's issuance see the full PDF here:

EZ240618.pdf

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