Newsquawk Bond Auction Previews - 19th February 2026

Today's bond auctions from Spain and France are significant given the relatively large sizes being offered, especially France's issuance, which could impact the demand dynamics for EUR-denominated debt.

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Newsquawk Bond Auction Previews - 19th February 2026

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  • Spain to sell EUR 4.5-5.5bln 3.50% 2029, 2.60% 2031 and 3.30% 2036 Bono
  • France to sell EUR 11.5-13.5bln 2.40% 2029, 2.70% 2031, and 2.00% 2032 OAT
Context

Watch for the bid-to-cover ratios; strong demand will signal healthy appetite for risk, while weaker results may suggest cautiousness in the market. This could influence yield movements across the Eurozone and potentially affect broader fixed income sentiment.

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