Free Trial

MNI EGB Issuance, Redemption and Cash Flow Matrix - W/C Jul 19

The upcoming week sees Germany as the only country to issue bonds with E5.5bln on offer. This sees a sharp drop from this week's E56.8bln of gross nominal issuance as we enter the summer season.

  • Germany will look to sell E4bln of the 7-year 0% Nov-28 Bund on Tuesday.
  • Germany will then return to the market Wednesday to sell E1.5bln of the 30-year 1.25% Aug-38 Bund.

NET NOMINAL FLOWS: There are no redemptions next week and just E0.5bln of coupon payments. This leaves net nominal issuance estimated at E5.0bln for the week, versus this week's E36.2bln.

EZ190721.pdf

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.