MNI EGB Supply Daily - 29 January, 2026

Italy will look to hold its second auction of the week today. Already this week, Germany held a syndication, while the EU, Italy, Germany and Portugal held auctions. We look for issuance of E41.8bln for the week, down from E45.5bln last week.

For the full document with a recap of issuance so far this week, a look ahead to issuance through the remainder of this week and next week and a summary of January syndications click here

• Italy will conclude auction issuance for the week today, holding a 5/10-year BTP / CCTeu auction. On offer will be E2.50-2.75bln of the 5-year 2.85% Feb-31 BTP (ISIN: IT0005671273), E3.50-3.75bln of the 10-year 3.45% Feb-36 BTP (ISIN: IT0005676504) alongside E1.5-2.0bln of the Apr-35 CCTeu (ISIN: IT0005680753).