Citigroup's Puja Sawant said in a report that the total amount of government bonds issued in the Eurozone is expected to reach 200 billion euros in January, the highest monthly supply so far, and 24 billion euros higher than January 2025. The interest rate strategist calculated that approximately €23 billion in interest payments and €83 billion in bonds will expire in January. She said that the January maturity scale is basically the same as the expected monthly average for 2026, but it is the highest maturity scale for January since 2019. For the first quarter, Citi forecasts the total supply of government bonds to be €496 billion, of which €151 billion was in February and €145 billion in March.

Zhitongcaijing · 4d ago
Citigroup's Puja Sawant said in a report that the total amount of government bonds issued in the Eurozone is expected to reach 200 billion euros in January, the highest monthly supply so far, and 24 billion euros higher than January 2025. The interest rate strategist calculated that approximately €23 billion in interest payments and €83 billion in bonds will expire in January. She said that the January maturity scale is basically the same as the expected monthly average for 2026, but it is the highest maturity scale for January since 2019. For the first quarter, Citi forecasts the total supply of government bonds to be €496 billion, of which €151 billion was in February and €145 billion in March.