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Bill Supply for W/C 6 December, 2021 (1/2)
Germany, the Netherlands, France, Spain, Belgium the ESM, Greece and Italy are all due to sell bills this week. We look for E27.6bln of issuance at first round operations, up from E15.1bln last week.
- Germany will kick off issuance for the week this morning by selling E3bln each of the 5-month May 18, 2022 bubill and the 11-month Nov 23, 2022 bubill.
- Also this morning, the Netherlands will sell E1-2bln each of the Mar 30, 2022 DTC and the new May 30, 2022 DTC.
- This afternoon, France looks to sell up to E5.0bln of 12/21/47/51-week BTFs: E1.8-2.2bln of the 12-week Mar 2, 2022 BTF, E0.8-1.2bln of the 21-week May 4, 2022 BTF, E0-0.4bln of the 47-week Nov 2, 2022 BTF and E0.8-1.2bln of the new 51-week Nov 30, 2022 BTF.
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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.