Free Trial

EGB Supply For W/C Apr 4, 2022 (1/2) - Recap

EUROZONE ISSUANCE
MNI (London)

Slovakia, the EU, Austria, Germany, Portugal, Italy, Spain and France sold bonds this week, completing eurozone issuance yesterday. This week's gross nominal issuance was E30.7bln, over double last week's E13.8bln.

  • Slovakia came to the market on Monday and sold E175mln of the 2.25% Jun-68 SlovGB (ISIN: SK4120014184).
  • The EU held a E6.0bln syndication on Tuesday of the new long 20-year Feb-43 Green EU-bond (ISIN: EU000A3K4DG1).
  • Also on Tuesday, Austria sold a total of E1.495bln of 10/25-year RAGBs via auction: E920mln the 0.90% Feb-32 RAGB (ISIN: AT0000A2WSC8) and E575mln the 1.50% Feb-47 RAGB (ISIN: AT0000A1K9F1). E800mln and E500mln were allotted respectively.
  • Tuesday's issuance was completed by Germany sselling E600mln of linkers: E500mln (E432mln allotted) of the 0.50% Apr-30 ILB (ISIN: DE0001030559) and E100mln (E47mln allotted) of the 0.10% Apr-46 ILB (ISIN: DE0001030575).
  • On Wednesday, Portugal held a E3.0bln syndication of the new 1.65% Jul-32 OT (ISIN: PTOTEYOE0031).
  • Italy also came to the market Wednesday, selling E2.1bln (vs max E2.5bln) of off-the-run BTPs through a Specialist Tap operation: E1.015bln of the 2.80% Dec-28 BTP (ISIN: IT0005340929), E430mln of the 2.70% Mar-47 BTP (ISIN: IT0005162828) and E655mln of the 1.70% Sep-51 BTP (ISIN: IT0005425233).

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.