Free Trial

Bill supply for W/C Mar 29, 2021

EUROZONE T-BILL ISSUANCE

France issued BTFs on Monday and Greece are the only other large Eurozone nations due to issue bills this week. We estimate E6.7bln will be raised, in a significant slowing of issuance going into the end of the quarter and a holiday shortened week. Last week E16.2bln was raised through first round operations.

  • France issue E5.889bln of BTFs against a E4.8-6.0bln target on Monday: E2.497bln of the 12-week Jun 23, 2021 BTF, E1.495bln of the 21-week Aug 25, 2021 BTF and E1.897bln of the new 51-week Mar 23, 2022 BTF.
  • Greece will look to sell the 26-week Oct 1, 2021 GTB for E625mln this morning.
For details of upcoming T-bill auctions 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.