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LONDON: Government bond supply in the euro area picks up next week, with at least five countries in the bloc holding debt sales.

On Tuesday, the Netherlands will sell 1.25 to 1.75 billion euros of bonds maturing in July 2023.

Austria will issue 1.265 billion euros in bonds by reopening 2028 and 2047 issues at an auction on Tuesday.

Also on Tuesday, Germany plans to sell 500 million euros of an inflation-linked bond maturing in 2030.

Germany returns on Wednesday with a 4 billion euro sale of 10-year bonds.

On Thursday, France is scheduled to hold an auction of long-dated bonds.

And on Friday, Italy is set to sell medium to long-dated bonds.

Analysts at Commerzbank said Portugal and Ireland could also issue long-dated bonds via a syndicate of banks next week.

Copyright Reuters, 2019
 

 

 

 

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