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EUROZONE T-BILL ISSUANCE: W/C August 19, 2024

EUROZONE T-BILL ISSUANCE

The ESM and Greece are both still due to sell bills this week, whilst Germany, the Netherlands and France issued yesterday. We expect issuance to be E14.0bln in first round operations, down from E15.1bln last week.

  • Today, the ESM will come to the market to sell up to E1.1bln of the new 6-month Feb 20, 2025 bills.
  • Finally tomorrow, Greece will issue E500mln of the new 26-week Feb 21, 2025 GTB.

 

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

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