October 03, 2024 05:54 GMT
EUROZONE ISSUANCE: EGB Supply
EUROZONE ISSUANCE
Spain, and France look to hold auctions today, with Germany already having come to the market. We pencil in estimated gross issuance for the week at E25.9bln, down from E38.6bln last week.
- Spain will hold a Bono/Obli/ObliEi auction this morning. On offer will be E4-5bln nominals: the on-the-run 3-year 2.50% May-27 Bono (ISIN: ES0000012M77), the 1.45% Apr-29 Obli (ISIN: ES0000012E51), the 4.70% Jul-41 Obli (ISIN: ES00000121S7). Alongside this will be E250-750mln of the 2.05% Nov-39 Obli-Ei (ISIN: ES0000012M69).
- Also this morning, France will hold a LT OAT auction to sell a combined E10-12bln. On offer will be the 1.25% May-34 OAT (ISIN: FR0013313582), the 3.00% Nov-34 OAT (ISIN: FR001400QMF9), the 3.25% May-55 OAT (ISIN: FR001400OHF4) and the 3.00% Jun-49 Green OAT (ISIN: FR001400NEF3).
For more on this week's issuance and a look ahead to next week see the PDF here: EZ241003.pdf
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