Weekly issuance was a fairly......>

EUROZONE ISSUANCE: Weekly issuance was a fairly average-looking E19.5bln over

the past week and this should mark the end of the weeks issuance with (mainly)

US markets thinner because of rosh hashanah today.

RECAP: Monday saw Slovakia sell E89mln of 3.375% Nov-24 and 1.875% Mar-37.

Belgium sold E1.2bln Olo 0.5% Oct-24, E1.3bln 0.8% Jun-27 and E1.02bln 3.0%

Jun-34. Germany sells E2bln of a new Aug-2048. Slovenia syndicated taps of

E0.2bln Mar-27 and E0.5bln Nov-40. Thursday saw Spain selling E4.65bln SPGB

0.05% Jan-21, 1.3% Oct-26, 5.15% 2028 and 5.15% Jul-44. France sold E6.98bln of

OAT 0% Feb-20, a new OAT 0% Mar-23 and OAT 1.75% Nov-24 alongside OATei 0.1%

Mar-21, OATi 0.1% Mar-28 and OATei 0.7% Jul-30.

NEXT WEEK: On Tuesday, there are a CTZ auction and BTPeis alongside E4bln

Schatz. Italy sells BTP M/L on Thurs (some expect a BTP 20Y via syndication).

Expect around E12bln supply against almost the same coupon/redemptions.

**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