MNI EGB Issuance, Redemption and Cash Flow Matrix – W/C 9 Mar

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

• The EU is scheduled to hold a syndication while Austria, Germany, Portugal, Ireland and Italy will hold auctions in the upcoming week.
• We look for gross issuance of E34.5bln for the week, down from E40.5bln (ex-retail) this week.
• The upcoming week will see no redemptions and coupon payments for the week totalling just E0.9bln, thereof E0.4bln German and E0.2bln Greek.
• This leaves estimated net flows for the week at positive E33.3bln, versus negative E15.9bln this week.