MNI EGB Issuance, Redemption and Cash Flow Matrix – W/C 18 Aug

See the full document here for a look ahead to the next two weeks of issuance and a recap of this week.

• Germany and France are due to hold auctions in the upcoming week, while we pencil a Finnish syndication in either the upcoming week or W/C 25 August.
• We pencil in issuance of E21.6bln for the week, up from E6.6bln this week.
• Next week sees no redemptions and coupon payments of just E0.1bln.
• This leaves estimated net flows for the week at positive E21.5bln, up from negative E43.6bln this week.