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Over the coming week, the cash....>

EUROZONE ISSUANCE
EUROZONE ISSUANCE: Over the coming week, the cash flow situation looks bullish.
Issuance looks like dropping down quite significantly compared to the E20.2bln
sold in the past week and the E19bln average this year we only see E9bln
scheduled.  
ISSUANCE: Germany starts the issuance with E1bln of the Bundei Apr-26 on
Tuesday. Then, on Wednesday, there is a E3.0bln of a DSL 0.75% Jan-24 via a DDA.
Finally, Italy is scheduled to sell medium/long term debt. As always, there is a
chance of a syndicated bond on such a quiet issuance week. 
FLOWS: Cash inflows are decent with a E1.25bln redemption from Slovenia on
Monday and E16bln from Germany on Friday. There is just E0.3bln of coupon
payments, mostly from Germany. Net supply is minus E8.6bln. 
**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

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