MNI EGB Issuance, Redemption and Cash Flow Matrix – W/C 24 Nov

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

• The Netherlands, Italy, Germany and Finland will all look to come to the market in the upcoming week.
• We pencil in issuance of E22.1bln for the week, down from E24.8bln this week.
• The upcoming week will see redemptions of E35.3bln, from a formerly 10-year OAT.
• Coupon payments for the week total E6.0bln of which E5.7bln are French and E0.2bln Italian.
• This leaves estimated net flows for the week at negative E19.1bln, down from a negative 3.4bln this week.