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Bill Supply for W/C May 2, 2022 (2/2)

EUROZONE T-BILL ISSUANCE
MNI (London)
  • Spain came to the market yesterday, selling a combined E5.012bln (vs E4.5-5.5bln range) of letras: E1.184bln of 6-month Nov 11, 2022 letras and E3.828bln of the new 12-month May 12, 2023 letras.
  • Belgium then issued E2.365bln (towards the top of the E2.0-2.4bln range) of TCs: an indicative E1.185bln of the Sep 8, 2022 TC and E1.180bln of the Nov 10, 2022 TC.
  • The ESM concluded yesterday's issuance, selling E1.085bln of the new 3-month Aug 4, 2022 bills.
  • Today, Greece will look to sell E625mln of the new 13-week Aug 5, 2022 GTB.
  • The EU will then conclude bill issuance for the week today with up to E1.0bln of the 3-month Aug 5, 2022 EU-bill and up to E1.5bln of the new 6-month Nov 4, 2022 EU-bill on offer.

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