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Sovereign Supply Returns to Centre Stage Week commencing 21 September 2026 Government bond supply picks up this week, led by a sizeable US Treasury calendar, while euro-area issuance is comparatively light and the UK DMO returns with a new 2032 gilt tap. Cash flows provide an important counterweight in Europe, where re
The week commencing 24 August 2026 sees elevated global sovereign issuance led by the US Treasury quarterly coupon cycle, while European supply stays relatively subdued before a September pickup.
Week Ahead: 20 - 24 July 2026 Germany Dominates a Lighter Global Supply Calendar as Treasury Auctions Return Global sovereign bond issuance moderates considerably in the week ahead, with issuance concentrated in Germany and the US. Eurozone sovereign supply falls sharply from last week's heavy calendar to around EUR 8b
13 July 2026 Europe Faces Heavy Mid-July Supply Test as Treasury Calendar Remains Quiet The global sovereign issuance calendar remains firmly centred on Europe next week, with around EUR32-41bln of euro area supply expected, depending on whether EU issuance is included. The UK will auction GBP4.25bn of conventional gil
29 Jun 2026 Next week s global sovereign issuance calendar is firmly Europe-centric, with the US Treasury absent from the primary market and euro area gross issuance running at roughly EUR24-27bln, depending on final Spanish sizing.