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Bill Supply For W/C Oct 4, 2021: Recap (2/2)

EUROZONE T-BILL ISSUANCE
  • Spain kicked off Tuesday's issuance by selling E4.991bln of letras against a E4.5-5.5bln target: E915mln of the 6-month Apr 8, 2022 letras and E4.076bln of the new 12-month Oct 7, 2022 letras.
  • Belgium then sold E1.0bln of its 3-month Jan 13, 2022 TC, the top of the E0.6-1.0bln target range.
  • The ESM completed Tuesday's issuance by selling E1.5bln of the new 3-month Jan 6, 2022 bill.
  • The EU came to the market to sell E2.996bln of the new 3-month Jan 7, 2022 EU-bill and E1.996bln of the new 6-month Apr 8, 2022 EU-bill.
  • Greece concluded bill issuance for the week with E625mln of the new 13-week Jan 7, 2022 GTB.

For more on future auctions see the MNI Eurozone/UK T-bill auction calendar.

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