Free Trial

Eurozone sovereign bond...........>

EUROZONE ISSUANCE
EUROZONE ISSUANCE: Eurozone sovereign bond issuance has been completed for this
week and totals E17.652bln.
- RECAP: To recap issuance for this week, On Tuesday Germany launched a new 2-yr
Jun-20 Schatz for E3bln. Germany came back to the market on Wednesday and
re-opened 1.25% Aug-48 Bund for E1bln. On Thursday Spain allotted E1.29bln 0.35%
Jul-23 Bono, E0.83bln 5.90% Jul-26 Obli, E1.34bln 1.40% Jul-28 Obli & E1.09bln
2.35% Jul-33 Obli, while France allotted E3.291bln 0.00% Feb-21 OAT, E4.196bln
0.00% Mar-24 OAT and E0.490bln of 0.10% Mar-25 OATEi, E0.795bln of 0.70% Jul-30
OATEi & E0.330bln of 0.10% Jul-47 OATEi.
- CASH FLOWS: There are total redemptions of E15.4bln (largely from The
Netherlands) plus coupons of E5.1bln, for a total of E20.5bln. This leaves net
cash flow negative E3.5bln vs positive E15.6bln this past week.
** For full details, please see MNI Eurozone bond auction calendar, MNI Eurozone
Net Cash Flow Matrix: https://tinyurl.com/gkrtmav and MNI Eurozone Issuance
Profile: https://tinyurl.com/y7qhuwh2

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.