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EGB Supply: W/C 5 February, 2024

EUROZONE ISSUANCE
  • Slovakia, the EU, the Netherlands, Austria, Germany and Finland are all scheduled to hold auctions this week. We also pencil in syndications from the EFSF (mandate announced), Belgium and Spain. We pencil in estimated gross issuance for the week at E32.4bln, down from E58.6bln last week.
  • NET NOMINAL FLOWS: This week sees no redemptions and coupons of just E0.4bln. This leaves estimated net flows for the week at positive E32.4bln, up from positive E16.9bln last week.

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

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