Free Trial

There is no Eurozone sovereign....>

EUROZONE ISSUANCE
EUROZONE ISSUANCE: There is no Eurozone sovereign bond issuance Tuesday with
Germany next scheduled to come to the market on Wednesday. Overall issuance is
expected to be E21.5bn this week.
- ISSUANCE: Still to come this week, on Wednesday Germany re-open the 0.25%
Aug-28 Bund for E3.0bln. France will tap the 5.50% Apr-29 OAT, 1.50% May-31 OAT
and 1.25% May-36 OAT for E5.5-6.5bln on Thursday. Spain will finish off the week
with taps of the 0.05% Jan-21 Bono, 0.35% Jul-23 Bono, 1.40% Jul-28 Obli for an
indicative amount of between E3.5-E4.5bln and tap 1.00% Nov-30 Bonoei for
between E250-E750mln.
- RECAP: On Monday Italy tapped 0.95% Mar-23 BTP for E2bln, launched new 10-yr
2.80% Dec-28 BTP for E4bln and tapped Sep-25 CCTeu for E1.5bln
- CASH FLOWS: There are redemptions of E44.79bn this week and E11.03bn of coupon
payments, with net cash flows of -E34.3bn. 
** For full details please see MNI Eurozone bond auction calendar, MNI Eurozone
Net Cash Flow Matrix: https://tinyurl.com/y94qxdzd, and MNI Eurozone Issuance
Profile: https://tinyurl.com/y7qhuwh2

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.