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Bill supply for W/C Feb 15, 2021: Upcoming

EUROZONE T-BILL ISSUANCE

Portugal and Ireland are both still due to issue bills this week. We estimate a further E2.0bln of bills will be sold this week, bringing total supply of E19.9bln for the week, down from E28.7bln in last week.

  • Today, Portugal will sell E1.00-1.25bln of the 3-month May 21, 2021 BT and the 11-month Jan 21, 2022 BT.
  • Tomorrow, Ireland will sell E750mln of the new 6-month Aug 23, 2021 ITB.

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