0553 GMT - Government bond issuance by the eurozone's largest 11 issuers in July is expected to be 113 billion euros, line with that in June, Citi Research's Puja Sawant says in a note. The net cash requirement [NCR] for eurozone government bonds, at 72 billion euros, should be the highest monthly NCR seen over July historically, the rates strategist says. Germany's issuance will account for 28% of total supply, she says. Germany last week raised its 3Q bond issuance target in line with the government's financial package for infrastructure and defence. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
July 01, 2025 01:53 ET (05:53 GMT)
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