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Austria raises funding target

EUROZONE ISSUANCE

Austria has updated its 2021 funding outlook

  • It has raised its total issuance target for all instruments to E65-70bln (vs. previous estimate of around E65bln EUR).
  • RAGB target changed to "around" E45bln (vs. previous estimate of "minimum" E40bln)
  • T-Bills outstanding as of end-2021: Minimum E20bln EUR (unchanged vs. previous estimate).

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