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

EUROZONE ISSUANCE
EUROZONE ISSUANCE: Eurozone sovereign bond issuance has been completed this week
and totals E21.364bln
- RECAP: To recap issuance this week, on Monday Italy tapped 0.95% Mar-23 BTP
for E2bln, launched new 10-yr 2.80% Dec-28 BTP for E4bln and tapped Sep-25 CCTeu
for E1.5bln. On Wednesday German tapped 10-yr 0.25% Aug-28 Bund for E3.0bln. On
Thursday Spain allotted E1.7411bln of 0.05% Jan-21 Bono, E0.656bln of 0.35%
Jul-23 Bono, E1.568bln of 1.40% Jul-28 Obli & E0.539bln of 1.00% Nov-30. France
then allotted E2.41bln 5.50% Apr-29 OAT, E1.58bln 1.50% May-31 OAT and E2.37bln
1.25% May-36 OAT
- CASH FLOWS: There are redemptions of E44.79bn this week and E11.03bn of coupon
payments, with net cash flows of -E34.3bn.

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