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Eurozone/UK Bond Supply Calendar: Austria, UK, Ger issuing Tue

Below are the known dates for auctions of European bonds and UK gilts. All times are UK.

See the notes section at the bottom for more colour.

DateTimeCountryAmountDetailsNotes
02-Mar-211000AustriaE1.38bln0% Jul-24 RAGBRe-open
02-Mar-211000Austria""0% Feb-31 RAGBRe-open
02-Mar-211000UKGBP3bln0.375% Oct-26 GiltNew
02-Mar-211030GermanyE400mln0.50% Apr-30 ILBRe-open
02-Mar-211030GermanyE200mln0.10% Apr-46 ILBRe-open
02-Mar-211130UKGBP1.25bln0.50% Oct-61 GiltRe-open
03-Mar-211030GermanyE3blnMay-36 BundNew
04-Mar-210930SpainTBA0% Jan-26 BonoTBA 26-Feb
04-Mar-210930SpainTBA1.40% Jul-28 ObliTBA 26-Feb
04-Mar-210930SpainTBA0.10% Apr-31 ObliTBA 26-Feb
04-Mar-210930SpainTBA1.85% Jul-35 ObliTBA 26-Feb
04-Mar-210930SpainTBA1.00% Nov-33 Obli-EiTBA 26-Feb
04-Mar-210950FranceE10-11bln0% Nov-30 OATRe-open
04-Mar-210950France""0.50% May-40 OATRe-open
04-Mar-210950France""0.75% May-52 OATRe-open
04-Mar-211000UKGBP2.75bln0.25% Jul-31 GiltRe-open
W/C 08-Mar----ESM/EFSFTBAPotential transaction
09-Mar-210900NetherlandsE1.5-2.5bln0% Jan-27 DSLRe-open
09-Mar-211000UKTBA 2-Mar1.25% Oct-41 GiltRe-open
10-Mar-211000UKTBA 3-Mar0.125% Aug-31 linkerRe-open
10-Mar-211030GermanyE4bln0% Apr-26 BoblRe-open
10-Mar-211030PortugalTBAPotential OT auctionTBA 5-Mar
11-Mar-211000IrelandTBAIrish Govt BondTBA 8-Mar
11-Mar-211000ItalyTBAM/T & L/T BTPTBA 8-Mar
15-Mar-211000SlovakiaTBASlovGB
16-Mar-211000UKTBA 9-Mar0.125% Jan-24 GiltRe-open
16-Mar-211030GermanyE5bln0% Mar-23 SchatzRe-open
16-Mar-211100FinlandE1blnSerial bond auction
16-Mar-211130UKTBA 9-Mar1.625% Oct-54 GiltRe-open
17-Mar-211000UKTBA 10-Mar0.625% Jul-35 GiltRe-open
17-Mar-211030GermanyE1.5bln0% Aug-50 BundRe-open
18-Mar-210930SpainTBABono/Olbi/ObliEiTBA 12-Mar
18-Mar-210950FranceTBAM/T OATTBA 12-Mar
18-Mar-211050FranceTBAI/L OATTBA 12-Mar
22-Mar-211100BelgiumTBA 19-MarOLOTBA 15-Mar
W/C 22-Mar----ESM/EFSFTBAPotential transaction
23-Mar-210900NetherlandsTBAExisting DSLTBA 17-Mar
23-Mar-211000UKTBA 16-Mar1.75% Jan-49 GiltRe-open
24-Mar-211000UKTBA 17-Mar0.125% Nov-56 linkerRe-open
24-Mar-211030GermanyE4bln0% Feb-31 BundRe-open
24-Mar-211030PortugalTBAPotential OT auctionTBA 19-Mar
25-Mar-211000ItalyTBACTZ/BTPei/BTP Short TermTBA 22-Mar
30-Mar-211000ItalyTBAM/T & L/T BTPTBA 27-Mar
31-Mar-211030GermanyE2.5blnMay-36 BundRe-open
06-Apr-211000AustriaTBARAGBTBA 1-Apr
07-Apr-211030GermanyE4bln0% Apr-26 BoblRe-open
08-Apr-210930SpainTBABono/OlbiTBA 1-Apr
08-Apr-210950FranceTBAL/T OATTBA 26-Mar
13-Apr-210900NetherlandsTBAProvisional dateTBA 07-Apr
13-Apr-211000ItalyTBAM/T & L/T BTPTBA 8-Apr
13-Apr-211030GermanyTBAI/L BundTBA 8-Apr
14-Apr-211030GermanyE1bln1.25% Aug-48 BundRe-open
14-Apr-211030PortugalTBAPotential OT auctionTBA 9-Apr
19-Apr-211000SlovakiaTBASlovGB
20-Apr-211030GermanyE5bln0% Mar-23 SchatzRe-open
21-Apr-211030GermanyE4bln0% Feb-31 BundRe-open
22-Apr-210930SpainTBABono/Olbi/ObliEiTBA 16-Apr
22-Apr-210950FranceTBAM/T OATTBA 16-Apr
22-Apr-211050FranceTBAI/L OATTBA 16-Apr
27-Apr-210900NetherlandsTBAProvisional dateTBA 21-Apr
27-Apr-211000ItalyTBACTZ/BTPei/BTP Short TermTBA 22-Apr
27-Apr-211030GermanyE4blnNov-28 BundNew
28-Apr-211030GermanyE2.5blnMay-36 BundRe-open
28-Apr-211030PortugalTBAPotential OT auctionTBA 23-Apr
29-Apr-211000ItalyTBAM/T & L/T BTPTBA 26-Apr
04-May-211000AustriaTBARAGBTBA 29-Apr
04-May-211030GermanyTBAI/L BundTBA 29-Apr
05-May-211030GermanyE4bln0% Apr-26 BoblRe-open
06-May-210930SpainTBABono/OlbiTBA 30-Apr
06-May-210950FranceTBAL/T OATTBA 30-Apr
07-May-211100BelgiumTBAORI FacilityTBA 06-May
11-May-210900NetherlandsTBAProvisional dateTBA 05-May
12-May-211030PortugalTBAPotential OT auctionTBA 7-May
13-May-211000ItalyTBAM/T & L/T BTPTBA 10-May
17-May-211000SlovakiaTBASlovGB
18-May-211030GermanyE6blnJun-23 SchatzNew
19-May-211030GermanyE4bln0% Feb-31 BundRe-open
20-May-210930SpainTBABono/Olbi/ObliEiTBA 14-May
20-May-210950FranceTBAM/T OATTBA 14-May
20-May-211050FranceTBAI/L OATTBA 14-May
25-May-210900NetherlandsTBAProvisional dateTBA 19-May
26-May-211000ItalyTBABTP Short Term/BTPeiTBA 21-May
26-May-211030GermanyE2.5blnMay-36 BundRe-open
26-May-211030PortugalTBAPotential OT auctionTBA 21-May
28-May-211000ItalyTBAM/T & L/T BTPTBA 25-May
31-May-211100BelgiumTBA 28-MayOLOTBA 24-May
01-Jun-211030GermanyTBAI/L BundTBA 27-May
02-Jun-211030GermanyE3bln0% Apr-26 BoblRe-open
03-Jun-210930SpainTBABono/OlbiTBA 28-May
03-Jun-210950FranceTBAL/T OATTBA 29-May
08-Jun-210900NetherlandsTBAProvisional dateTBA 02-Jun
08-Jun-211000AustriaTBARAGBTBA 2-Jun
08-Jun-211030GermanyE3blnNov-28 BundRe-open
09-Jun-211030GermanyE1.5bln0% Aug-50 BundRe-open
09-Jun-211030PortugalTBAPotential OT auctionTBA 4-Jun
10-Jun-211000ItalyTBAM/T & L/T BTPTBA 7-Jun
15-Jun-211030GermanyE5blnJun-23 SchatzRe-open
16-Jun-211030GermanyE5blnAug-31 BundNew
17-Jun-210930SpainTBABono/Olbi/ObliEiTBA 11-Jun
17-Jun-210950FranceTBAM/T OATTBA 11-Jun
17-Jun-211050FranceTBAI/L OATTBA 11-Jun
21-Jun-211000SlovakiaTBASlovGB
22-Jun-210900NetherlandsTBAProvisional dateTBA 16-Jun
23-Jun-211030GermanyE2.5blnMay-36 BundRe-open
23-Jun-211030PortugalTBAPotential OT auctionTBA 18-Jun
25-Jun-211000ItalyTBABTP Short Term/BTPeiTBA 22-Jun
28-Jun-211100BelgiumTBA 25-JunOLOTBA 21-Jun
30-Jun-211000ItalyTBAM/T & L/T BTPTBA 25-Jun
01-Jul-210930SpainTBABono/OlbiTBA 25-Jun
01-Jul-210950FranceTBAL/T OATTBA 25-Jun
06-Jul-211000AustriaTBARAGBTBA 1-Jul
06-Jul-211030GermanyTBAI/L BundTBA 1-Jul
07-Jul-211030GermanyE5blnOct-26 BoblNew
13-Jul-210900NetherlandsTBAProvisional dateTBA 07-Jul
13-Jul-211000ItalyTBAM/T & L/T BTPTBA 8-Jul
13-Jul-211030GermanyE5blnJun-23 SchatzRe-open
14-Jul-211030GermanyE4blnAug-31 BundRe-open
14-Jul-211030PortugalTBAPotential OT auctionTBA 9-Jul
15-Jul-210930SpainTBABono/Olbi/ObliEiTBA 9-Jul
15-Jul-210950FranceTBAM/T OATTBA 09-Jul
15-Jul-211050FranceTBAI/L OATTBA 09-Jul
19-Jul-211000SlovakiaTBAReserve date
20-Jul-211030GermanyE3blnNov-28 BundRe-open
21-Jul-211030GermanyE1bln1.25% Aug-48 BundRe-open
26-Jul-211100BelgiumTBA 23-JulOLOTBA 19-Jul
27-Jul-210900NetherlandsTBAProvisional dateTBA 21-Jul
27-Jul-211000ItalyTBABTP Short Term/BTPeiTBA 22-Jul
28-Jul-211030GermanyE2.5blnMay-36 BundRe-open
28-Jul-211030PortugalTBAPotential OT auctionTBA 23-Jul
29-Jul-211000ItalyTBAM/T & L/T BTPTBA 26-Jul
03-Aug-211000AustriaTBAReserve dateTBA 29-Jul
04-Aug-211030GermanyE4blnOct-26 BoblRe-open
05-Aug-210930SpainTBABono/OlbiTBA 30-Jul
05-Aug-210950FranceTBAL/T OATTBA 30-Jul
06-Aug-211100BelgiumTBAORI FacilityTBA 05-Aug
10-Aug-210900NetherlandsTBAProvisional dateTBA 04-Aug
11-Aug-211030GermanyE4blnAug-31 BundRe-open
11-Aug-211030PortugalTBAPotential OT auctionTBA 6-Aug
12-Aug-211000ItalyTBAM/T & L/T BTPTBA 9-Aug
16-Aug-211000SlovakiaTBAReserve date
17-Aug-211030GermanyE6blnSep-23 SchatzNew
18-Aug-211030GermanyE1bln0% Aug-50 BundRe-open
19-Aug-210930SpainTBABono/Olbi/ObliEiTBA 13-Aug
19-Aug-210950FranceTBAM/T OATTBA 13-Aug
19-Aug-211050FranceTBAI/L OATTBA 13-Aug
24-Aug-210900NetherlandsTBAProvisional dateTBA 18-Aug
24-Aug-211030GermanyE3blnNov-28 BundRe-open
25-Aug-211030PortugalTBAPotential OT auctionTBA 20-Aug
26-Aug-211000ItalyTBABTP Short Term/BTPeiTBA 23-Aug
31-Aug-211000ItalyTBAM/T & L/T BTPTBA 26-Aug
01-Sep-211030GermanyE4blnOct-26 BoblRe-open
02-Sep-210930SpainTBABono/OlbiTBA 27-Aug
02-Sep-210950FranceTBAL/T OATTBA 27-Aug
07-Sep-211000AustriaTBARAGBTBA 2-Sep
07-Sep-211030GermanyTBAI/L BundTBA 2-Sep
08-Sep-211030GermanyE3blnAug-31 Green BundNew
08-Sep-211030PortugalTBAPotential OT auctionTBA 3-Sep
14-Sep-210900NetherlandsTBAProvisional dateTBA 08-Sep
14-Sep-211000ItalyTBAM/T & L/T BTPTBA 9-Sep
14-Sep-211030GermanyE5blnSep-23 SchatzRe-open
16-Sep-210930SpainTBABono/Olbi/ObliEiTBA 10-Sep
16-Sep-210950FranceTBAM/T OATTBA 10-Sep
16-Sep-211050FranceTBAI/L OATTBA 10-Sep
20-Sep-211000SlovakiaTBASlovGB
21-Sep-211030GermanyE3blnNov-28 BundRe-open
22-Sep-211030GermanyE2.5blnMay-36 BundRe-open
22-Sep-211030PortugalTBAPotential OT auctionTBA 17-Sep
24-Sep-211000ItalyTBABTP Short Term/BTPeiTBA 21-Sep
27-Sep-211100BelgiumTBA 24-SepOLOTBA 20-Sep
28-Sep-210900NetherlandsTBAProvisional dateTBA 22-Sep
29-Sep-211000ItalyTBAM/T & L/T BTPTBA 24-Sep
29-Sep-211030GermanyE4blnAug-31 BundRe-open
05-Oct-211000AustriaTBARAGBTBA 30-Sep
05-Oct-211030GermanyTBAI/L BundTBA 30-Sep
06-Oct-211030GermanyE4blnOct-26 BoblRe-open
07-Oct-210930SpainTBABono/OlbiTBA 1-Oct
07-Oct-210950FranceTBAL/T OATTBA 01-Oct
08-Oct-211100BelgiumTBAORI FacilityTBA 07-Oct
12-Oct-210900NetherlandsTBAProvisional dateTBA 06-Oct
12-Oct-211030GermanyE5blnSep-23 SchatzRe-open
13-Oct-211000ItalyTBAM/T & L/T BTPTBA 8-Oct
13-Oct-211030GermanyE1blnAug-52 BundRe-open
13-Oct-211030PortugalTBAPotential OT auctionTBA 8-Oct
18-Oct-211000SlovakiaTBASlovGB
20-Oct-211030GermanyE3blnAug-31 Green BundRe-open
21-Oct-210930SpainTBABono/Olbi/ObliEiTBA 15-Oct
21-Oct-210950FranceTBAM/T OATTBA 15-Oct
21-Oct-211050FranceTBAI/L OATTBA 15-Oct
26-Oct-210900NetherlandsTBAProvisional dateTBA 20-Oct
26-Oct-211000ItalyTBABTP Short Term/BTPeiTBA 21-Oct
26-Oct-211030GermanyE3blnNov-28 BundRe-open
27-Oct-211030GermanyE2.5blnMay-36 BundRe-open
27-Oct-211030PortugalTBAPotential OT auctionTBA 22-Oct
28-Oct-211000ItalyTBAM/T & L/T BTPTBA 25-Oct
02-Nov-211000AustriaTBARAGBTBA 28-Oct
02-Nov-211030GermanyTBAI/L BundTBA 28-Oct
03-Nov-211030GermanyE4blnOct-26 BoblRe-open
04-Nov-210930SpainTBABono/OlbiTBA 29-Oct
04-Nov-210950FranceTBAL/T OATTBA 30-Oct
09-Nov-210900NetherlandsTBAProvisional dateTBA 03-Nov
09-Nov-211030GermanyE6blnDec-23 SchatzNew
10-Nov-211030GermanyE3blnAug-31 BundRe-open
10-Nov-211030PortugalTBAPotential OT auctionTBA 5-Nov
11-Nov-211000ItalyTBAM/T & L/T BTPTBA 8-Nov
15-Nov-211000SlovakiaTBASlovGB
17-Nov-211030GermanyE1blnAug-52 BundRe-open
18-Nov-210930SpainTBABono/Olbi/ObliEiTBA 12-Nov
18-Nov-210950FranceTBAM/T OATTBA 12-Nov
18-Nov-211050FranceTBAI/L OATTBA 12-Nov
22-Nov-211100BelgiumTBA 19-NovOLOTBA 15-Nov
23-Nov-210900NetherlandsTBAProvisional dateTBA 17-Nov
24-Nov-211030GermanyE2.5blnMay-36 BundRe-open
24-Nov-211030PortugalTBAPotential OT auctionTBA 19-Nov
25-Nov-211000ItalyTBABTP Short Term/BTPeiTBA 22-Nov
30-Nov-211000ItalyTBAM/T & L/T BTPTBA 25-Nov
30-Nov-211030GermanyE3blnNov-28 BundRe-open
01-Dec-211030GermanyE3blnOct-26 BoblRe-open
02-Dec-210930SpainTBABono/OlbiTBA 26-Nov
02-Dec-210950FranceTBANominal and/or linkerOptional
07-Dec-211030GermanyE5blnDec-23 SchatzRe-open
08-Dec-211030GermanyE3blnAug-31 BundRe-open
13-Dec-211000SlovakiaTBAReserve date
14-Dec-210900NetherlandsTBAProvisional dateTBA 08-Dec
14-Dec-211000AustriaTBARAGBTBA 9-Dec
14-Dec-211000ItalyTBAM/T & L/T BTPTBA 9-Dec
16-Dec-210930SpainTBABono/Olbi/ObliEiTBA 10-Dec
17-Dec-211100BelgiumTBAORI FacilityTBA 16-Dec
29-Dec-211000ItalyTBABTP Short TermTBA 23-Dec
30-Dec-211000ItalyTBAM/T & L/T BTPTBA 27-Dec
05-Jan-220930SpainTBABono/OlbiTBA 30-Dec
13-Jan-221000ItalyTBAM/T & L/T BTPTBA 10-Jan
20-Jan-220930SpainTBABono/Olbi/ObliEiTBA 14-Jan
26-Jan-221000ItalyTBABTP Short Term/BTPeiTBA 21-Jan
28-Jan-221000ItalyTBAM/T & L/T BTPTBA 25-Jan
  • Austria expects to hold two to three more syndicated EUR issues in 2021 (it has already launched the new 10-year via syndication on 27 January).
  • Belgium had planned to launch 2-3 new OLO benchmarks in two syndicated deals in 2021. It has already held two syndications, launching a new 10-year benchmark on 12 January and a new 50-year syndication on 2 February. Green OLO issuance is limited to EUR1.5bln in 2021.
  • EFSF funding schedule: Q1: E7.0bln (completed), Q2: E7.0bln, Q3: E2.5bln, Q4: Zero, 2022: E18.0bln
  • ESM funding schedule: Q1: E2.0bln, Q2: E2.0bln, Q3: E2.0bln, Q4: E2.0bln, 2022: E8.0bln.
  • EU funding schedule: Q1: Up to E20bln more SURE (E14bln raised so far), Q2: E20-25bln (EFSM+SURE), unspecified date: E2.35bln MFA.
  • France plans to issue the following new bonds in 2021: 5-year benchmark, 10-year benchmark, 30-year benchmark (in H2), 20-year Green OAT, possible 10-year OATi. It has already launched new 3-year and 50-year OATs and a 10-year OATei.
  • Germany plans to hold two syndications in 2021: In May to launch the new 30-year 0% Aug-50 Green Bund. In September to launch the new 30-year Aug-52 Bund.
  • Italy plans to launch the following in Q1: 3-year Apr-24 BTP (min final E9bln), 5-year Jan-26 BTP (min final E10bln), also potentially new BTP Short Term (18-30 month). It has already launched the 7-year 0.25% Mar-28 BTP (min final E10bln planned), the 10-year 0.60% Aug-31 BTP, the 15-year 0.95% Mar-37 BTP and the 0.15% May-51 BTPei.
  • Italy also plans to re-open 0% Jan-24 BTP, 0.50% Feb-26 BTP, 0.90% Apr-31 BTP, Sep-22 CTZ, on-the-run nominals with maturity over 10 years and inflation-linked bonds.
  • Netherlands indicative 2021 issuance: 0% Jan-27 DSL E2bln, new 8-year DSL E10bln, 0% Jul-31 DSL E12bln, new 15-year DSL E6bln, 0.50% Jan-40 Green DSL E2bln, 0% Jan-52 DSL E3bln, TBA E15bln.
  • Slovakia plans to issue 3-4 new bonds in 2021 including: a bond with a maturity of 5, 7 or 8 years, a bond with a maturity of 10-12 years and a bond with a maturity of 19+ years
    .

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