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EGB Supply For W/C Sep 27, 2021: Recap

EUROZONE ISSUANCE

The EU and Belgium sold E6.0bln via auction yesterday.

  • The EU held its inaugural bond issuance yesterday. It sold E2.495bln of the 0% Jul-26 EU NGEU against a target of E2.0-2.5bln.
  • Belgium sold E3.502bln of 10/15/30-year OLOs against a target of E3.0-3.5bln: E1.482bln of the 0% Oct-31 OLO, E1.243bln of the 1.45% Jun-37 OLO and E777mln of the 1.70% Jun-50 OLO.

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