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EZ/UK Bond Supply Calendar: Italy, Germany to issue Tuesday

MNI (London)

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
01-Dec-211000UKGBP2.25bln1.00% Jan-32 GiltNew
01-Dec-211030GermanyE3bln0% Oct-26 BoblRe-open
02-Dec-210930SpainE1.5-2.5bln2.15% Oct-25 ObliRe-open
02-Dec-210930Spain""0.50% Oct-31 ObliRe-open
02-Dec-210930SpainE250-750mln0.70% Nov-33 Obli-EiRe-open
02-Dec-210950FranceE3-4bln2.50% May-30 OATRe-open
02-Dec-210950France""4.50% Apr-41 OATRe-open
02-Dec-210950France""3.25% May-45 OATRe-open
07-Dec-210900NetherlandsTBAExisting DSLTBA 01-Dec
07-Dec-211000UKGBP1.5bln1.25% Jul-51 GiltRe-open
07-Dec-211030GermanyE4bln0% Dec-23 SchatzRe-open
08-Dec-211030GermanyE3bln0% Aug-31 BundRe-open
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
06-Jan-220950FranceTBAL/T OATTBA 31-Dec
11-Jan-221000UKTBA 4-Jan0.375% Oct-26 GiltRe-open
13-Jan-221000ItalyTBAM/T & L/T BTPTBA 10-Jan
18-Jan-221000UKTBA 11-Jan0.50% Jan-29 GiltRe-open
20-Jan-220930SpainTBABono/Olbi/ObliEiTBA 14-Jan
20-Jan-220950FranceTBAM/T OATTBA 14-Jan
20-Jan-221050FranceTBAI/L OATTBA 14-Jan
26-Jan-221000ItalyTBABTP Short Term/BTPeiTBA 21-Jan
26-Jan-221000UKTBA 19-Jan0.125% Mar-51 linkerRe-open
28-Jan-221000ItalyTBAM/T & L/T BTPTBA 25-Jan
W/C 7-Feb----UKTBA50-year giltSynd; New
15-Feb-221000UKTBA 8-Feb1.00% Jan-32 GiltRe-open
02-Mar-221000UKTBA 23-Feb0.25% Jan-25 GiltRe-open
08-Mar-221000UKTBA 1-Mar1.25% Jul-51 GiltRe-open
15-Mar-221000UKTBA 8-Mar0.125% Aug-31 linkerRe-open
  • 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 / ESM funding for 2021 is complete.
  • The EU has confirmed it has completed funding for its SURE, NGEU and EFSM programmes for 2021.
  • France has launched new 3-year, 5-year, 10-year, 30-year and 50-year OATs, a 10-year OATei, a 10-year OATi and a 20-year Green OAT through 2021.
  • Italy will issue the following new bonds in Q4: 3-year BTP maturing 15 Dec, 2024 with a minimum final outstanding of E9bln, 7-year BTP maturing 15 Feb, 2029 with a minimum final outstanding of E10bln,10-year BTP maturing 1 Jun, 2032 with a minimum final outstanding of E10bln.
  • Italy will reopen the following bonds in Q4: 0% Jan-24 BTP Short Term, 0% Aug-24 BTP, 0% Aug-26 BTP, 0.50% Jul-28 BTP and the 0.95% Dec-31 BTP. Other 10+ year on-the-run bonds alongside BTPei, CCTeu and potentially off-the-run CTZ and CCTeu.

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