Deutsche Bank estimates Eurozone Bond Issuance Will Fall in 2015

According to Deutsche Bank calculations, Net eurozone sovereign bond sales are set to fall by almost 14% in 2015 to €221.2B.  Over the same period, Gross issuance is expected to decrease by 1.3% to €893.2B.

 

It means that if ECB launches a QE of €500B this year, it will represent 62% of gross issuance and more than two times as much as the net issuance.