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Bill Supply For W/C Sep 6, 2021: Recap

EUROZONE T-BILL ISSUANCE

Germany, the Netherlands and France issued E14.7bln of T-bills through first round operations yesterday.

  • Germany kicked off issuance, allotting E2.558bln of the 3-month Dec 15, 2021 bubill and E2.780bln of the 9-month Jun 22, 2022 bubill. Issuance volumes were E3bln for both issues.
  • The Netherlands sold E2.25bln of the new Feb 25, 2022 DTC against an issuance target of E1.5-2.5bln.
  • Monday afternoon, France sold E6.482bln of BTFs: E2.991bln of the new 13-week Dec 8, 2022 BTF, E1.692bln of the 22-week Feb 9, 2022 BTF and E1.799bln of the 48-week Aug 10, 2022 BTF.

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