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Bill Issuance For W/C Oct 26

EUROZONE T-BILL ISSUANCE
Germany, France, Italy, and Greece will issue bills in the W/C Oct 26. We estimate supply of E15.6bn (from an initial E16.9bn) compared to E11.57bn the previous week.
  • RECAP: Germany allotted E2.51bn of Oct 27, 2021 bubills on Monday. France followed with a tap of E5.29bn from 3-/6-/12-month BTFs. On Tuesday Greece sold E812.5mn of 6-month bills. Italy wrapped up for the week with a sale of BOTs for E6.5bn on Wednesday.
  • CASH FLOWS: E23.6bn in redemptions will leave net cash flows at E-8.0bn for the week.
** For further details please see MNI Eurozone T-Bill Calendar

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