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EGB Supply: W/C 4 March, 2024

EUROZONE ISSUANCE

The EU, Austria, Germany, the Netherlands, Germany, Italy and Belgium all due to issue this week. We pencil in estimated gross issuance for the week at E30.4bln, a little higher than the E26.3bln last week but without the large redemptions and coupons. This week sees no redemptions, and coupons of just E0.8bln (of which E0.5bln are EU-bonds). This leaves estimated net flows for the week at positive E29.4bln, versus negative E37.4bln last week.

For the full MNI EGB Issuance, Redemption and Cash Flow Matrix see the full PDF here.

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