TRUDEAU SAYS IT LOOKS LIKE BOC WILL BE LOWERING RATE AGAIN

MNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI Eurozone Deep Dive: 2024 Outlook

EUROZONE ISSUANCE
  • We look ahead through 2024 EGB issuance in our flagship Eurozone issuance publication, preview Q1 in detail and include country-by-country overviews, calendars and schedules of redemptions and coupons.
  • We look ahead through 2024 EGB issuance and expect E1.44trn of total gross issuance this year, higher than in the pandemic but broadly in line with 2023.
  • However, redemptions in 2023 are expected to be around 5% higher than in 2023, while coupon payments are broadly the same.
  • This leaves net flows for 2024 at E351bln - similar to the E358bln of 2023 and notably higher than the E277bln of 2022 (but down significantly from 2021's record E555bln).
  • We preview Q1 in more detail and look for additional syndications from Austria, Belgium, the ESM, possibly the EFSF, the EU (3 scheduled), Finland, France, Germany, Greece, Italy, the Netherlands (DDA) and Spain (on top of the syndications we have already seen in the first couple of weeks of the year).
  • The document also includes summaries of country-by-country issuance overviews, schedules of bonds maturing and coupon / redemption payments as well as calendars for bond / bill issuance.

See the full PDF document.

Homepagemarkets-real-timeBulletMarketsFixed Income Bullets
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets

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.