Free Trial

EGB Supply For W/C Jul 5, 2021 (1/2)

EUROZONE ISSUANCE

We estimate announced issuance this week to be E16.0bln, down from E43.4bln last week.

  • The EFSF kicked off issuance yesterday holding a E2.0bln syndicated tap of its 10-year 0% Jan-31 bond. This completed the EFSF's funding for the year.
  • France is due to come to the market in the "near future" to launch its new 30-year May-53 OAT. We expect the transaction to take place today and note it has a size of E5bln WNG.
  • Austria will come to the market this morning to sell E1.495bln of 5/10-year RAGBs via auction: the 0.75% Oct-26 RAGB and the 0% Feb-31 RAGB.
  • Germany will look to sell linkers on this morning with E400mln of the 0.10% Apr-33 ILB and E200mln of the 0.10% Apr-46 ILB on offer.

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.