© 1982-2022 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
USDCAD TECHS

Heading South

US TSYS

Rates Off Highs Into Month End

AUDUSD TECHS

Holding On To Its Gains

US TSYS

Eurodollar/SOFR/Tsy Option Roundup

US

FED Reverse Repo Operation

EURJPY TECHS

Bearish Outlook

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Topics

EGB Supply For W/C June 20, 2022 (1/2)

EUROZONE ISSUANCE
BulletMarketsFixed Incomemarkets-real-time

Slovakia, Belgium, the EU, Italy and Germany are all due to sell bonds this week. We look for estimated gross nominal issuance of E17.4bln, down from the E37.9bln sold last week.

  • Slovakia will kick off issuance for the week this morning with E450mln of 3/5/8/30-year SlovGBs on offer: E100mln of the 0.25% May-25 SlovGB (ISIN: SK4000017158), E100mln of the 0.125% Jun-27 SlovGB (ISIN: SK4000017380), E150mln of the 0.75% Apr-30 SlovGB (ISIN: SK4120015173) and E100mln of the 1.00% Oct-51 SlovGB (ISIN: SK4000019857).
  • Belgium will then look to sell E2.7-3.7bln of 7/10/30-year OLOs. On offer will be the 0.90% Jun-29 OLO (ISIN: BE0000347568), the 0.35% Jun-32 OLO (ISIN: BE0000354630) and the 1.40% Jul-53 OLO (ISIN: BE0000355645).
  • The week ahead will also see the EU will also look to hold a syndication. We don’t have a strong view on the maturity that will be on offer.
  • Italy will look to launch a new Jun-30 BTP Italia with a minimum guaranteed coupon of 1.60%, with the definite annual coupon rate communicated ahead of the institutional investor phase. Today to Wednesday will be reserved for retail investors, with institutional investors able to bid on Thursday morning.
191 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Slovakia, Belgium, the EU, Italy and Germany are all due to sell bonds this week. We look for estimated gross nominal issuance of E17.4bln, down from the E37.9bln sold last week.

  • Slovakia will kick off issuance for the week this morning with E450mln of 3/5/8/30-year SlovGBs on offer: E100mln of the 0.25% May-25 SlovGB (ISIN: SK4000017158), E100mln of the 0.125% Jun-27 SlovGB (ISIN: SK4000017380), E150mln of the 0.75% Apr-30 SlovGB (ISIN: SK4120015173) and E100mln of the 1.00% Oct-51 SlovGB (ISIN: SK4000019857).
  • Belgium will then look to sell E2.7-3.7bln of 7/10/30-year OLOs. On offer will be the 0.90% Jun-29 OLO (ISIN: BE0000347568), the 0.35% Jun-32 OLO (ISIN: BE0000354630) and the 1.40% Jul-53 OLO (ISIN: BE0000355645).
  • The week ahead will also see the EU will also look to hold a syndication. We don’t have a strong view on the maturity that will be on offer.
  • Italy will look to launch a new Jun-30 BTP Italia with a minimum guaranteed coupon of 1.60%, with the definite annual coupon rate communicated ahead of the institutional investor phase. Today to Wednesday will be reserved for retail investors, with institutional investors able to bid on Thursday morning.