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** Another blank on Friday left weekly Euro supply at EUR3.32bn, down on the EUR3.585bn recorded the week prior. For stats and insight on the week's supply see WEEKLY VOLUME

** Cash spreads in existing paper showed a broad tightening bias in a zero supply environment. See IGM's FIG SNAPSHOT and IGM's CORP SNAPSHOT for our performance trackers of recent deals

** Germany announced its 2017 funding plan at EUR154bn, for full details click here

Broader market developments on Friday:

** EU risk assets make tentative gains in low liquidity trade, Stoxx50 turns positive YTD

** Govvies - Bunds extend gains following announcement of 2017 funding outlook, while peripherals underperform with BTPs the weakest link. No major game changing news. For more details see IGM's FI CLOSE

** Week ahead - more CB verdicts in store from BoJ (steady) and Riksbank (QE extension), for IGM lookahead see here

Market Snapshot (15.49)

10yr BTP/SPGB spread widens 4.5bps to 44.4bp but still well within Mon 56.0 intra-day wide

SXXP +0.39%; SX7P -0.07%, FTSE MIB -0.07%

iTraxx Main -1.6 at 71.8 / Crossover -3.3 at 292.9

What to watch Monday

** Data: All three German IFO modules are seen rising in Dec, while US Markit Services PMI is also due following a 54.6 print in Nov.

** Events: Central bank speakers come in the shape of ECB's Weidmann and Fed's Yellen.

** Supply: There are no significant term auctions in Europe or US on Monday 19th December

SSA Priced / SSA Pipeline

CORP Priced / CORP Pipeline

FIG + Covered Priced / FIG + Covered Pipeline

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