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EGB Supply for W/C Mar 1 (1/2)

EUROZONE ISSUANCE

Austria, Germany, Spain and France will all come to the market this week. We look for nominal gross issuance of E23.3bln, up from E17.1bln last week. For more details on this week's issuance see the MNI EGB Issuance, Redemption and Cash Flow Matrix here.

  • Tomorrow, Austria will kick off EGB supply for the week with E1.38bln of 3/10-year RAGBs on offer: the 0% Jul-24 RAGB and the 0% Feb-31 RAGB.
  • Germany will also come to the market tomorrow to sell linkers: E400mln of the 0.50% Apr-30 ILB and E200mln of the 0.10% Apr-46 ILB.
  • Germany will return to the market on Wednesday to sell E3bln of the new 15-year May-36 Bund.

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