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With first notice coming next Monday for the...>

EGBS
EGBS: With first notice coming next Monday for the German strip, we should start
seeing a pick up in position roll into the September expiry this week. 
Roll pace has so far been led by the Schatz (27%), Bund (19%) and Bobl (17%). 
-Govies this week will likely remain heavy, on the spread trade expected and
some heavy supplies towards mid week. 
-Wednesday, Germany tap 0% Apr-25 Bobl for E4bn. 
-Thursday, France will re-open the 2.50% May-30 OAT and the 0.75% May-52 OAT as
well as issuing the new 0.0% Nov-30 OAT for a combined E9.5-11.0bn 
-Thursday, Spain will tap the 0.0% Apr-23 Bono, 0.15% Nov-23 BonoEI, 0.0% Jan-25
Bono, 0.50% Apr-30 Obli and the 1.85% Jul-35 Obli
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