Free Trial

Bill Supply For W/C Nov 2

EUROZONE T-BILL ISSUANCE
Germany, France, the Netherlands, Belgium, Greece and the ESM will issue bills in the W/C Nov 2. We estimate supply of E14.1bn compared to E15.6bn the previous week.
  • ISSUANCE: Germany will kick off bill issuance for the week with an auction of May 5, 2021 bubills on Monday. The Netherlands will sell 3- and 9-month DTCs for a combined E1-3bn. France will conclude Monday's issuance with an auction of 3-/6-/9-month BTFs for E5.5-6.7bn. On Tuesday Belgium will sell Mar 11, 2021 and May 13, 2021 TCs for E1.0-1.4bn. The ESM will follow with a EUR2bn tap of 3-month bills. Greece will bookend the week with an auction of 3-month bills for E0.625bn.
  • CASH FLOWS E17.7bn in redemptions will leave net cash flows at E-3.6bn for the week.
** For further details please see MNI Eurozone T-Bill Calendar

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.