Free Trial

Bill Supply for W/C Apr 25, 2022

EUROZONE T-BILL ISSUANCE

Germany, France, Austria, Greece and Italy will all look to sell bills next week. We estimate issuance at first round operations of E19.7bln, up from E14.6bln this week.

  • Germany will come to the market Monday morning to issued E3bln of each of the 5-month Sep 21, 2022 bubill and the 11-month Mar 22, 2023 bubill.
  • On Monday afternoon, France will look to sell up to E5.6bln of BTFs: E2.8-3.2bln of the 12-week Jul 20, 2022 BTF, E0.8-1.2bln of the 21-week Sep 21, 2022 BTF and E0.8-1.2bln of the new 51-week Apr 19, 2023 BTF.
  • Tuesday morning, Austria will look to sell E1bln of each of the 3-month Jul 28, 2022 ATB and the new 9-month Jan 26, 2023 ATB.
  • On Wednesday, Italy will launch the new 6-month Oct 31, 2022 BOT with the amount of be confirmed later today.
  • Also Wednesday, Greece will look to sell E625mln of the new 26-week Oct 31, 2022 GTB.

For more on future auctions see the MNI Eurozone/UK T-bill auction calendar.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.