Barclays interest rate strategists said in a report that the biggest year-on-year increase in the total supply of government bonds in the Eurozone is expected to come from Germany in 2026. These strategists predict that next year, the total issuance of German government bonds will increase by about 60 billion euros over the same period last year, reaching about 350 billion euros. They calculated that this would be equivalent to a net bond issuance of about 130 billion euros, an increase of 30 billion euros over the previous year. They said, “We expect that the rest of Germany's total net debt issuance of about 180 billion euros will be funded through a net increase in short-term treasury notes, which may also be complemented by repurchase transactions and remaining cash balances. “The German Financial Services Authority is expected to announce the 2026 bond issuance plan on an unannounced date in December.

Zhitongcaijing · 2d ago
Barclays interest rate strategists said in a report that the biggest year-on-year increase in the total supply of government bonds in the Eurozone is expected to come from Germany in 2026. These strategists predict that next year, the total issuance of German government bonds will increase by about 60 billion euros over the same period last year, reaching about 350 billion euros. They calculated that this would be equivalent to a net bond issuance of about 130 billion euros, an increase of 30 billion euros over the previous year. They said, “We expect that the rest of Germany's total net debt issuance of about 180 billion euros will be funded through a net increase in short-term treasury notes, which may also be complemented by repurchase transactions and remaining cash balances. “The German Financial Services Authority is expected to announce the 2026 bond issuance plan on an unannounced date in December.