Free Trial

Germany, Spain, and the...........>

EUROZONE ISSUANCE: Germany, Spain, and the Netherlands are yet to come to market
this week, selling a total of E12.2bln, compared to E18.7bln last week.
- RECAP: Slovakia was the first to issue this week, tapping 1.625% Jan-31 SLOVGB
for E0.1bln and 2.00% Oct-47 SLOVGB for E0.9bln on Monday. 
- ISSUANCE: The Netherlands will issue a new 0.50% Jan-40 Green Bond for E4-6bln
on Tuesday. On Wednesday, Germany will re-open the 0.25% Feb-29 Bund for
E3.0bln. Spain will conclude issuance for the week on Thursday, looking to raise
between E3.5-4.5bln via taps of the 0.25% Jul-24 Bono, 1.45% Apr-29 Obli and
1.85% Jul-35 Obli.
- CASH FLOWS: Cash returning to the market this week will be limited to just
E0.37bln in coupons which will leave net cash flows positive to the tune of
** For full details, please see MNI Eurozone bond auction calendar, and MNI Cash
Flow Matrix:

To read the full story



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.