Long-End Eurozone Govt Bond Supply to Decline in October

Dow Jones
09/30

0507 GMT - Eurozone countries' issuance of government bonds with maturities of more than 10 years is expected to fall meaningfully in October, Citi's Puja Sawant forecasts. Supply of bonds with maturities exceeding 10 years is projected to fall to 17% of conventional bond supply in October from 37% in September, the rates strategist says. Supply is expected to be concentrated in the seven- to 10-year sector, driven by elevated seven-year issuance.

 

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