November 27, 2024 06:41 GMT
EUROZONE T-BILL ISSUANCE: W/C November 25, 2024
EUROZONE T-BILL ISSUANCE
Greece and Italy are both due to sell bills today, whilst Germany, France and Austria have already issued bills this week. We expect issuance to be E23.4bln in first round operations, up from E20.7bln last week.
- Today, Greece will sell E500mln of the new 26-week May 30, 2025 GTB.
- Also today, Italy will sell E7.5bln of the new 6-month May 30, 2025 BOT.
- Note that in addition to bills being sold this week, Italy also held a Specialist E2bln tap of the 0% Dec-24 BTP (ISIN: IT0005474330) on Monday, which only has 3 weeks until maturity (maturing on 15 December 2024).
For more on future auctions see the full MNI Eurozone/UK T-bill auction calendar here.
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