MNI BRIEF: EC Reviews Estonia Economic Imbalances

MNI China Daily Summary: Wednesday, December 18

MNI BRIEF: China Youth Umemployment Rate Fell In November

MNI CHINA MONEY MARKET INDEX: Easing Expectations Surge

MNI DEC CHINA MONEY MARKET INDEX 36.0 VS NOV 53.5

MNI BRIEF: PBOC Warns Market On Bond Rally - Press

MNI: US MBA: MARKET COMPOSITE -0.7% SA THRU DEC 13 WK

MNI: UK DEC CBI INDUSTRIAL TRENDS TOTAL ORDERS -40

MNI: EUROZONE NOV FINAL HICP -0.3% M/M, +2.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EUROZONE T-BILL ISSUANCE: W/C November 18, 2024

EUROZONE T-BILL ISSUANCE
EurozoneBulletGlobalFixed Income BulletsRegionMarkets

Germany, the Netherlands, France, the ESM, Portugal and the EU are due to sell bills this week. We expect issuance to be E20.9bln in first round operations, down from E28.0bln last week.

  • This morning, Germany will look to sell E2bln of the 6-month Jun 18, 2025 bubill and E3bln of the new 12-month Nov 19, 2025 bubill.
  • Also this morning, the Netherlands will issue E1.0-2.0bln of the 2.5-month Jan 30, 2025 DTC and E1.0-2.0bln of the 5.5-month Apr 29, 2025 DTC.
  • Finally this afternoon, France will come to the market with up to a combined E8.2bln of 13/22/28/50-week BTFs. On offer will be E3.4-3.8bln of the 13-week Feb 19, 2025 BTF, E0.0-0.4bln of the 22-week Apr 24, 2025 BTF,  E1.6-2.0bln of the new 28-week Jun 4, 2025 BTF and E1.6-2.0bln of the 50-week Nov 5, 2025 BTF.
  • Tomorrow, the ESM will sell up to E1.1bln of the new 6-month May 22, 2025 bill.
  • On Wednesday morning, Portugal will come to the market with E0.75-1.0bln of the new 12-month Nov 21, 2025 BT.
  • To conclude bill issuance for the week, the EU will issue up to E1.5bln of the 3-month Feb 7, 2025 EU-bill and up to E2.0bln of the 6-month May 9, 2025 EU-bill.

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

211 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, the Netherlands, France, the ESM, Portugal and the EU are due to sell bills this week. We expect issuance to be E20.9bln in first round operations, down from E28.0bln last week.

  • This morning, Germany will look to sell E2bln of the 6-month Jun 18, 2025 bubill and E3bln of the new 12-month Nov 19, 2025 bubill.
  • Also this morning, the Netherlands will issue E1.0-2.0bln of the 2.5-month Jan 30, 2025 DTC and E1.0-2.0bln of the 5.5-month Apr 29, 2025 DTC.
  • Finally this afternoon, France will come to the market with up to a combined E8.2bln of 13/22/28/50-week BTFs. On offer will be E3.4-3.8bln of the 13-week Feb 19, 2025 BTF, E0.0-0.4bln of the 22-week Apr 24, 2025 BTF,  E1.6-2.0bln of the new 28-week Jun 4, 2025 BTF and E1.6-2.0bln of the 50-week Nov 5, 2025 BTF.
  • Tomorrow, the ESM will sell up to E1.1bln of the new 6-month May 22, 2025 bill.
  • On Wednesday morning, Portugal will come to the market with E0.75-1.0bln of the new 12-month Nov 21, 2025 BT.
  • To conclude bill issuance for the week, the EU will issue up to E1.5bln of the 3-month Feb 7, 2025 EU-bill and up to E2.0bln of the 6-month May 9, 2025 EU-bill.

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