Free Trial

Bill supply for W/C Jan 18, 2021: Recap

EUROZONE T-BILL ISSUANCE

On Monday, Germany, the Netherlands and France kicked off issuance for the week on Monday selling a combined E13.6bln. On Tuesday, Spain and the ESM sold bills for a further combined E7.7bln. On Wednesday, Portugal sold E1.50bln BTs.

  • Germany allotted E4.867bln of bubills: E2.381bln of the 3-month Apr 14, 2021 bubill and E2.486bln of the 9-month Oct 27, 2021 bubill. Issuance volumes for both were E3bln.
  • The Netherlands sold E1.62bln of DTCs: E820mln of short Apr 29, 2021 DTCs and E800mln of long Jun 29, 2021 DTCs.
  • France sold E5.981bln BTFs, the top end of the E4.4-6.0bln target. E2.493bln of 12-week Apr 14, 2021 BTFs, E1.496bln of 23-week Jun 30, 2021 BTFs, E0.696bln of 45-week Dec 1, 2021 BTFs and E1.296bln of 47-week Dec 15, 2021 BTFs.
  • Spain sold a combined E6.151bln of letras vs a E5.5-6.5bln target: E1.025bln of 3-month Apr 16, 2021 letras and E5.126bln of 9-month Oct 8, 2021 letras.
  • The ESM sold E1.5bln of 6-month Jul 22, 2021 bills.
  • Portugal sold a combined E1.50bln of 6/12-month bills: E750mln of Jul 16, 2021 BTs and E750mln of Jan 21, 2022 BTs.

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.