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Italy will come to the market.....>

EUROZONE ISSUANCE
EUROZONE ISSUANCE: Italy will come to the market Thursday, contributing to a
total estimated E12.9bln of EGB issuance this week.
- RECAP: The Netherlands on Tuesday sold E2.12bln of DSL 0.00% Jan-24. Also
Tuesday, Italy sold E1.75bln of the Mar-20 CTZ and E1.00bln of the 1.25% Sep-32
BTPei. On Wednesday, Germany issued E3.0bln of the Oct-23 Bobl, allotting
E2.424bln. 
- ISSUANCE: Italy comes to market Thursday, re-opening Sep-25 CCTEu for
E0.75-1.25bln, re-opening 2.45% Oct-23 BTP for between E1.5-2.0bln, and
re-opening 2.80% Dec-28 BTP for between E1.5-2.0bln.
- CASH FLOWS: There are an estimated E0.23bln in EGB redemptions this week and
E2.52bln in coupon payments, which will leave net cash flows at positive
E10.1bln, versus positive E8.7bln last week.
** For full details, please see MNI Eurozone bond auction calendar, MNI Eurozone
Net Cash Flow Matrix: https://tinyurl.com/y97poj6h and MNI Eurozone Issuance
Profile: https://tinyurl.com/y7qhuwh2

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