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EGB Supply For W/C Oct 18, 2021 (1/2)

EUROZONE ISSUANCE

Finland, Germany, Spain and France are all still due to sell bonds this week while Slovakia held an auction yesterday. We estimate gross nominal issuance for the week at E18.6bln, down from last week's E29.7bln.

  • Slovakia kicked off issuance for the week on Monday morning selling E324mln of 3/9/15-year SlovGBs. E144mln of the 0% Jun-24 SlovGB, E76mln of the 1.00% Oct-30 SlovGB and E104mln of the 0.375% Apr-36 SlovGB.
  • Finland will look to sell up to E1.0bln of the 10-year 0.125% Sep-31 RFGB today.
  • Tomorrow, Germany will reopen the 0% Aug-31 Green Bund for E3bln.

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