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MNI EGB Issuance, Redemption and Cash Flow Matrix - W/C Nov 20

Slovakia, Germany, Finland and Italy are all due to issue in the week ahead. We pencil in gross nominal issuance of E10.8bln, down from E31.0bln this week.

  • Slovakia, Germany, Finland and Italy are all due to issue in the week ahead. We pencil in gross nominal issuance of E10.8bln, down from E31.0bln this week.
  • The week ahead sees redemptions of E10.4bln – E6.3bln of a formerly 6-year BTP Italia and E4.0bln of a formerly 10-year ESM-bond while coupon payments for the week are E0.5bln.
  • This leaves net flows for the week close to flat at an estimated negative E0.1bln, down from positive E26.9bln this week.

For more see the full PDF here:

EZ231120.pdf

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  • Slovakia, Germany, Finland and Italy are all due to issue in the week ahead. We pencil in gross nominal issuance of E10.8bln, down from E31.0bln this week.
  • The week ahead sees redemptions of E10.4bln – E6.3bln of a formerly 6-year BTP Italia and E4.0bln of a formerly 10-year ESM-bond while coupon payments for the week are E0.5bln.
  • This leaves net flows for the week close to flat at an estimated negative E0.1bln, down from positive E26.9bln this week.

For more see the full PDF here:

EZ231120.pdf

Keep reading...Show less