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Austria 2022 funding plan

EUROZONE ISSUANCE

On Friday, Austria released its 2022 funding plan.

  • Total issuance (including RAGB, ATBs, ACPs, EMTN, loans) is expected at E60-65bln (largely in line with the E62bln raised in 2021).
  • RAGB issuance: Around E40bln (in line with revised 2021 target).
  • RAGB syndications: 3 or 4 in 2022 (from 3 in 2021).
  • Short-term debt outstanding at year-end: Minimum E18bln in 2022 (around E19bl in 2021).
  • Monthly auctions of both RAGBs and ATBs will be held (with the December auction of ATBs a reserve auction).

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