Free Trial

EUROZONE T-BILL ISSUANCE: W/C May 27, 2024

EUROZONE T-BILL ISSUANCE

Germany, France, Greece, and Italy are due to sell bills next week. We expect issuance to be E20.4bln in first round operations, up from E16.8bln this week.

  • On Monday morning, Germany will look to sell E2bln of the 5-month Oct 16, 2024 bubill and E3bln of the 11-month Apr 16, 2025 bubill.
  • On Monday afternoon, France will look to issue up to E7.4bln of the 13/14/24/51-week BTFs: E3.2-3.6bln of the new 13-week Aug 28, 2024 BTF, E0.0-0.4bln of the 14-week Sep 4, 2024 BTF, E1.5-1.9bln of the 24-week Nov 14, 2024 BTF, and E1.1-1.5bln of the 51-week May 21, 2025 BTF.
  • On Wednesday, Greece will look to come to the market with E500mln of the new 26-week Nov 29, 2024 GTB.
  • Also on Wednesday, Italy will look to sell a new 6-month BOT, with details to be confirmed later today.

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

 

 

149 words

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.

Germany, France, Greece, and Italy are due to sell bills next week. We expect issuance to be E20.4bln in first round operations, up from E16.8bln this week.

  • On Monday morning, Germany will look to sell E2bln of the 5-month Oct 16, 2024 bubill and E3bln of the 11-month Apr 16, 2025 bubill.
  • On Monday afternoon, France will look to issue up to E7.4bln of the 13/14/24/51-week BTFs: E3.2-3.6bln of the new 13-week Aug 28, 2024 BTF, E0.0-0.4bln of the 14-week Sep 4, 2024 BTF, E1.5-1.9bln of the 24-week Nov 14, 2024 BTF, and E1.1-1.5bln of the 51-week May 21, 2025 BTF.
  • On Wednesday, Greece will look to come to the market with E500mln of the new 26-week Nov 29, 2024 GTB.
  • Also on Wednesday, Italy will look to sell a new 6-month BOT, with details to be confirmed later today.

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