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Free AccessEGB Supply For W/C Oct 18, 2021 (2/2)
- Spain came to the market on Thursday, selling E5.054bln against a target of E4.5-5.5bln: E3.370bln of the new 5-year 0% Jan-27 Bono and E1.683bln of the 15-year 0.85% Jul-37 Obli.
- France then sold E7.492bln of MT OATs, the top of the target range: E3.196bln of the 0% Mar-23 OAT, E2.611bln of the 1.00% Nov-25 OAT and E1.685bln of the 0.50% May-26 OAT.
- France concluded the week's issuance selling E1.748bln of linkers, again the top of the target range: E824mln of the 0.10% Mar-26 OATei, E299mln of the 0.10% Mar-32 OATi and E625mln of the 0.10% Jul-47 OATei.
NET NOMINAL FLOWS: There were no redemptions this week and E1.8bln of coupons. With gross nominal issuance of E23.6bln, net nominal flows for the week are E21.8bln, up from E14.7bln last week.
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Why MNI
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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.