Free Trial

Bill Supply for W/C Feb 21, 2022

EUROZONE T-BILL ISSUANCE
MNI (London)

Germany, the Netherlands, France, Austria, Greece and Italy are due to sell bills this week. In total, we estimate E21.0bln of issuance for the week, up from E15.8bln last week.

  • Germany will kick off issuance for the week this morning with E3.0bln of new 12-month Feb 22, 2023 bubill on offer.
  • The Netherlands will also come to the market this morning, to sell E2.0-3.0bln of DTCs in total: E1.0-1.5bln of the short May 30, 2022 DTC and of the new long Aug 30, 2022 DTC.
  • This afternoon, France will look to sell up to E5.9bln of BTFs: E2.3-2.7bln of the new 13-week May 25, 2022 BTF, E1.3-1.7bln of the 22-week Jul 27, 2022 BTF and E1.1-1.5bln of the 48-week Jan 25, 2023 BTF.
  • Tomorrow morning, Austria will come to the market to sell E1.0bln of the 2-month Apr 28, 2022 ATB and E1.0bln of the 5-month Jul 28, 2022 ATB.
  • On Wednesday, Greece will look to sell E625mln of the new 26-week Aug 26, 2022 GTB.
  • Italy will conclude bill issuance for the week on Thursday with the new 6-month Aug 31, 2022 BOT on offer. The amount will be confirmed later today.
For more on future auctions see the MNI Eurozone/UK T-bill auction calendar.

To read the full story

Close

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.