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Bill supply for W/C Feb 22, 2021: Upcoming

EUROZONE T-BILL ISSUANCE

Italy and Greece are both still due to sell bills today to round off Eurozone bill issuance for the week. We estimate Italy and Greece will raise E7.3bln. This would leave total bill issuance for the week at E17.2bln, down from the E19.9bln issued last week in first round operations.

  • On Wednesday, Italy is scheduled to sell E6.5bln of the new 6-month BOT maturing Aug 31, 2021.
  • Greece will also come to the market on Wednesday to sell E625mln of the new 26-week Aug 27, 2021 GTB.
For details of upcoming T-bill auctions see the MNI Eurozone/UK T-bill auction calendar here.

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