Citigroup interest rate strategists said in a report that according to the bank's customer inquiries, the extent to which Eurozone government bonds will be pre-issued in 2026 has attracted much attention. They said the concern was “for understandable reasons”. The usual supply model is expected to continue in 2026, where a significant portion of the annual bond issuance will be completed in the first quarter. Citi estimates that the supply of government bonds in the first quarter will be €495 billion, accounting for 34% of the estimated total financing needs next year.

Citigroup interest rate strategists said in a report that according to the bank's customer inquiries, the extent to which Eurozone government bonds will be pre-issued in 2026 has attracted much attention. They said the concern was “for understandable reasons”. The usual supply model is expected to continue in 2026, where a significant portion of the annual bond issuance will be completed in the first quarter. Citi estimates that the supply of government bonds in the first quarter will be €495 billion, accounting for 34% of the estimated total financing needs next year.