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EUROZONE ISSUANCE: EGB Supply - W/C 28 October

EUROZONE ISSUANCE

Germany and Italy will look to hold auctions in the upcoming week. We pencil in estimated gross issuance for the week at E13.0bln, down from E38.7bln this week.

  • On Tuesday, Germany will kick off issuance for the week selling E4bln of the 2.50% Oct-29 Bobl (ISIN: DE000BU25034).
  • On Wednesday, Italy will hold a 5/10-year BTP and CCTeu auction. Italy looks to sell E1.75-2.0bln of the on-the-run 3.00% Oct-29 BTP (ISIN: IT0005611055), E3.0-3.5bln of the on-the-run 3.85% Feb-35 BTP (ISIN: IT0005607970), and E3.0-3.5bln of the new 1.10% Apr-33 CCTeu (ISIN TBC).

For a recap of last week's issuance and a look ahead to the next two weeks of issuance, see the MNI EGB Issuance, Redemption and Cash Flow Matrix here.

 

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Germany and Italy will look to hold auctions in the upcoming week. We pencil in estimated gross issuance for the week at E13.0bln, down from E38.7bln this week.

  • On Tuesday, Germany will kick off issuance for the week selling E4bln of the 2.50% Oct-29 Bobl (ISIN: DE000BU25034).
  • On Wednesday, Italy will hold a 5/10-year BTP and CCTeu auction. Italy looks to sell E1.75-2.0bln of the on-the-run 3.00% Oct-29 BTP (ISIN: IT0005611055), E3.0-3.5bln of the on-the-run 3.85% Feb-35 BTP (ISIN: IT0005607970), and E3.0-3.5bln of the new 1.10% Apr-33 CCTeu (ISIN TBC).

For a recap of last week's issuance and a look ahead to the next two weeks of issuance, see the MNI EGB Issuance, Redemption and Cash Flow Matrix here.