Free Trial

Bill supply for W/C Jan 25, 2021

EUROZONE T-BILL ISSUANCE

Germany, France, Italy and Greece have all sold T-bills this week. We estimate supply of E17.3bln, less than the E23.5bln sold last week.

  • Germany kicked off issuance for the week on Monday allotting E3.596bln of the new 12-month Jan 19, 2022 bubill against an issuance volume of E4bln.
  • Also Monday, France sold E5.490bln of BTFs vs a target of E4.3-5.5bln: E2.895bln of 13-week Apr 28, 2021 BTFs, E1.399bln of 22-week Jun 30, 2021 BTFs and E1.196bln of 46-week Dec 15, 2021 BTFs.
  • On Wednesday, Italy sold E7bln of the new 6-month Jul 30, 2021 BOT.
  • Greece concluded Eurozone T-bill issuance for the week on Wednesday with E812.5mln of the new 26-week Jul 30, 2021 sold.
For more details see the MNI Eurozone/UK T-bill auction calendar here.

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.