Free Trial

Germany was the lone issuer in....>

EUROZONE ISSUANCE
EUROZONE ISSUANCE: Germany was the lone issuer in Europe in the past week with a
3bln 10Y. In the final week of August, we expect E14.25bln of issuance. 
RECAP: On Monday, Italy sold E2.0bln of the new 2Y CTZ May-19. 
ISSUANCE: On Tuesday Germany sells the new Schatz 0% Sep-19. Wednesday will see
Italy sell E1.25-1.75bln of CCTeu Oct-24, E2.5-3.0bln of BTP 0.9% Aug-22 and
E2.0-2.5bln of BTP 2.05% Aug-27.
CASH FLOW: The next redemption payment is a E12.4bln Italian CTZ on 30th August.
Sept 1 will also see E8.75bln of Italian coupon payments. Thus, gross supply is
E14.25bln but net supply is minus E6.9bln, with all coupons and redemptions from
Italy.
**For full details, please see MNI Eurozone bond auction calendar, MNI Eurozone
Net Cash Flow Matrix: http://tinyurl.com/gkrtmav and MNI Eurozone Issuance
Profile: http://tinyurl.com/h7trj4x

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.