Free Trial

Bill Supply for W/C Mar 7, 2022 (1/2) - Recap

EUROZONE T-BILL ISSUANCE
MNI (London)

This week was a busy week for bill issuance across the Eurozone. Germany, the Netherlands, France, Spain, Belgium, Finland, the ESM, Greece and Italy all issued bills this week, bringing total first-round operations to E29.1bln, up from E25.4bln last week.

  • On Monday, Germany came to the market, selling E6.0bln of bubills: E3.0bln (E2.932bln allotted) of the 3-month Jun 22, 2022 bubill and a further E3.0bln (E2.145bln allotted) the 9-month Dec 14, 2022, bubill.
  • Also on Monday, the Netherlands sold E2.68bln of DTCs (versus a E2.0-4.0bln target range): E450mln of the Apr 28, 2022, DTC, E1.0bln of the Jun 29, 2022, DTC, E230mln of the Aug 30, 2022 DTC and E1.0bln of the new Sep 29, 2022 DTC.
  • On Monday afternoon, France sold E5.692bln (top of the target range) of 13/20/30/50-week BTFs: E3.097bln the new 13-week Jun 9, 2022 BTF, E997mln of the 20-week Jul 27, 2022 BTF, E399mln of the 30-week Oct 5, 2022 BTF and E1.199bln of the 50-week Feb 22, 2023 BTF.

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.