Mizuho EMEA logo
Mizuho EMEA

May 12, 2026

Global Rates Focus SSA Supply Update

Weekly UpdateRates Govt BondsOther

This report by Mizuho EMEA provides a weekly update on SSA supply, tracking year-to-date funding progress and upcoming maturities for major supranational and agency issuers.

Key Takeaways

  • 1.European Union (EU) funding progress for 2026 YTD stands at 53% of its target, with 156.2 (100 KPI) completed.
  • 2.KFW and the EU face massive redemptions in coming weeks/months, with KFW seeing an €8bn redemption on 29 May and the EU an €18.9bn redemption on 6 July.
  • 3.Supranational and Agency issuance remains active across multiple currencies, including recent deals in EUR, CAD, GBP, and AUD.

Table of Contents

  • SSA YTD funding progress
  • Upcoming SSA maturities in the next two weeks
  • 27 April – 05 May 2026 SSA supply
  • Important Information

Document Preview

Page 1 of 5
Page 1 of Global Rates Focus SSA Supply Update
Subscribe for full access

Access the Full Report

Get unlimited access to institutional research reports with a 14-day free trial.

Authors

Evelyne Gomez-Liechti

Securities

KFWEUEIBIADB

Themes

SSA Funding ProgressRedemption Cycles

Regions

GlobalEuropeAsia PacificGermanyCanadaJapan