Free Trial

Germany, Italy, Belgium,..........>

EUROZONE ISSUANCE
EUROZONE ISSUANCE: Germany, Italy, Belgium, Portugal, Finland, Slovakia and the
EFSF will issue bonds this week with est. supply of E25.4bln (E22.6bn last
week).
- RECAP: Slovakia sold the 1.00% Jun 28, 3.625% Jan-29, 0.75% Apr-30 and 1.625%
Jan-31 bonds on Monday for E512.6mn. On the same same Belgium re-opened the
0.90% Jun-29 OLO, 1.25% Apr-33 OLO and 2.15% Jun-66 OLO for E2.836bn. The EFSF
placed a E3bn of an Apr-23 bond and tapped the 0.05% Oct-29 bond for E1.5bn.
- ISSUANCE: Germany will auction the 0% Mar-22 Schatz for E5bn on Tuesday. On
Wednesday Finland will sell the 0.5% Sep-29 bond for E1.0bn. Portugal will
follow with a sale of the 2.875% Jul-26 OT and the 3.875% Feb-30 OT for a
combined E0.75-1.00bn. Italy will conclude issuance for the week with a sale of
CTZ/BTPei.
- CASH FLOWS: There will be E25.9bln in redemptions and E1.5bln in cash flows
will leave net cash flows at E-1.9bln for the week.
** For further details please see MNI Eurozone Issuance Profile & Cash Flow
Matrix: https://emedia.marketnews.com/CFM200420msnp.pdf

To read the full story

Why Subscribe to

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.