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Bill Supply for W/C Jan 17, 2022 (1/2)

EUROZONE T-BILL ISSUANCE

Germany, the Netherlands, France, Spain, the ESM, Portugal and the EU are all due to issue bills this week for an estimated E17.5bln, down from E28.2bln in first found operations this week.

  • Germany will kick off issuance on Monday morning with E3bln of the new 12-month Jan 18, 2023 Bubill on offer.
  • The Netherlands will also come to the market on Monday morning with E1.0-1.5bln of each of the 4.5-month May 30, 2022 DTC and the 6.5-month Jul 28, 2022 DTC on offer.
  • On Monday afternoon, France will look to sell up to E5.8bln of BTFs: E2.3-2.7bln of the 12-week Apr 13, 2022 BTF, E1.1-1.5bln of the new 23-week Jun 29, 2022 BTF and E1.2-1.6bln of the 50-week Jan 4, 2023 BTF.

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