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EU RfP For Issuance In Coming Weeks

EGB SYNDICATION

The EU has sent an RfP to institutions for "further funding needs" to be conducted "in the coming weeks", per a statement seen by Bloomberg.

  • MNI's latest Eurozone Issuance Deep Dive noted expectation for an EU syndication for the week beginning 7 Feb; we wrote that MNI expects the syndication to be used to launch a new 10-year NGEU bond, potentially alongside a smaller bond for the EU’s other programmes.

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