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EGB Supply: W/C 28 Aug, 2023 (2/2)

EUROZONE ISSUANCE
  • On Friday, Belgium will look to conclude issuance for the week with an ORI operation. We pencil in an operation size of up to E500mln.

NET NOMINAL FLOWS: The week ahead sees no redemptions and coupon payments of E7.3bln (all of which are Italian). This leaves net flows for the week at an estimated positive E11.5bln, down from E15.1bln this week.

For more on this week and next week's supply as well as a recap of last week's issuance see the PDF here.

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