Free Trial

EGB Supply W/C Mar 13, 2023 (1/2)

EUROZONE ISSUANCE

The Netherlands, Italy, Germany, Spain and France all look to issue next week. We pencil in gross nominal issuance of E37.8bln next week, up from this week’s E15.7bln.

  • The Netherlands will kick off next week’s issuance with E1.5-2.0bln of the 0.75% Jul-27 DSL (ISIN: NL0012171458) on offer on Tuesday morning.
  • Also Tuesday, Italy will look to launch a new 3-year BTP as well as sell on-the-run 7/50-year BTPs and the 2035 Green BTP: E3.5-4.0bln of the new 3.80% Apr-26 BTP (ISIN: IT0005538597), E2.5-3.0bln of the 3.85% Dec-29 BTP (ISIN: IT0005519787), E1.5-2.0bln of the 4.00% Apr-35 BTP Green (ISIN: IT0005508590) and E500-750mln of the 2.15% Mar-72 BTP (ISIN: IT0005441883).
  • Finally on Tuesday, Germany will look to sell E5bln of the 2.20% Apr-28 Bobl (ISIN: DE000BU25000).
  • On Wednesday, Germany will return to the market for a 30-year Bund auction. On offer will be E1.0bln of the 0% Aug-50 Bund (ISIN: DE0001102481) and E1.5bln of the 1.80% Aug-53 Bund (ISIN: DE0001102614).

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.