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Bill Supply For W/C Nov 15, 2021: Upcoming

EUROZONE T-BILL ISSUANCE

The EU and Ireland are both still due to sell bills this week. We estimate a further E2.7bln of issuance, which would bring issuance for the week to E21.4bln from first round operations, down from E25.4bln last week.

  • Today, the EU will look to reopen the 3-month Feb 4, 2022 EU-bill and the 6-month May 6, 2022 EU-bill for up to E1bln each.
  • Portugal has cancelled its previously announced T-bill auction which had also been scheduled for today.
  • Ireland will conclude issuance for the week tomorrow by reopening the 5-month Apr 25, 2022 bill for E750mln.

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