Italy is due to return to the market this morning while the EU, the Netherlands, Italy and Germany have already sold bonds this week. We look for estimated gross nominal issuance of E22.4bln, up from last week’s E16.9bln.
- This morning, Italy will conclude Eurozone issuance for the week with up to E6.25bln of on-the-run 5/10-year BTPs and CCTeus on offer: E2.25-2.75bln of the 2.65% Dec-27 BTP (ISIN: IT0005500068), E2.0-2.5bln of the 2.50% Dec-32 BTP (ISIN: IT0005494239) and E0.75-1.00bln of the 0.75% Oct-30 CCTeu (ISIN: IT0005491250).
- For more on this week's issuance see the PDF here:
For a calendar of all announced EGB/EU/ESM/EFSF auctions see the MNI EZ/UK Bond Supply Calendar here.