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Scheduled gross issuance for......>

EUROZONE ISSUANCE
EUROZONE ISSUANCE: Scheduled gross issuance for next week is E5.2bln, which is
much lower than this week's E21.2bln. Without syndicated deals, this will be one
of the lightest issuance weeks of the year.
Issuance: Next Tuesday, Austria issues  E1.15bln combined of RAGB 0.5% Apr-27
and RAGB 0.0% Sep-22. The same day Germany sells E0.5bln of DBRei 0.5% 2030. On
Wednesday, Germany sells E3bln of Obl 0% Oct-22. The final scheduled issuance
could come from Ireland on Thursday, with details likely to be released on
Monday. 
FLOWS: In terms of redemptions payments there are no large scheduled payments
for next week, roughly E0.3bln from smaller countries. As such, net supply
equals E4.8bln.
**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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