MNI EGB Supply Daily - 4 March, 2026

Books for the retail-only BTP Valore remain open while Germany will return to the market today, Spain and France are due to also hold conventional auctions tomorrow and Belgian an ORI auction on Friday. Yesterday was a big day for issuance with Austria and Germany holding syndications, the Netherlands a DDA and Germany a conventional auction. We look for gross issuance of E40.4bln for the week (excluding retail), up from E38.0bln last week.

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

• Germany will return to the market today to sell E1.0bln of the 2.30% Feb-33 Green Bund (ISIN: DE000BU3Z005).