Free Trial

Bill Supply for W/C Jan 24, 2022

EUROZONE T-BILL ISSUANCE

Italy is due to come to the market to sell bills today while Germany, France, Austria and Greece have already sold bills this week. We look for issuance of E20.2bln in first round operations, up from E18.7bln last week.

  • Germany kicked off issuance Monday morning allotting E2.960bln of the 5-month Jun 22, 2022 bubill and E2.915bln of the 11-month Dec 14, 2022 bubill. Issuance volumes for both were E3.0bln.
  • Monday afternoon, France will sold E5.589bln of BTFs, the top of the target range: E2.498bln of the new 13-week Apr 27, 2022 BTF, E1.497bln of the 22-week Jun 29, 2022 BTF and E1.594bln of the 49-week Jan 4, 2023 BTF.
  • On Tuesday, Austria allotted E877mln of the 3-month Apr 28, 2022 ATB and E777mln of the 6-month Jul 28, 2022 ATB. Issuance volumes for each of the issues were E1bln.
  • Yesterday, Greece sold E625mln of the new 26-week Jul 29, 2022 GTB.
  • Italy will look to launch a new 6-month Jul 29, 2022 BOT this morning with E6bln on offer.

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.