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EZ/UK Bond Supply Calendar: UK & Germany to issue Tuesday

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.

25-Oct-221000UKGBP800mln0.125% Mar-39 linkerRe-open
25-Oct-221030GermanyE4bln1.30% Oct-27 BoblRe-open
26-Oct-221000ItalyE2.0-2.5bln1.75% May-24 BTP Short TermRe-open
26-Oct-221000ItalyE500-750mln0.65% May-26 BTPeiRe-open
26-Oct-221000ItalyE500-750mln0.10% May-33 BTPeiRe-open
26-Oct-221000UKGBP3.5bln0.50% Jan-29 GiltRe-open
28-Oct-221000ItalyTBA5-year BTPTBA 25-Oct
28-Oct-221000ItalyTBA10-year BTPTBA 25-Oct
28-Oct-221000ItalyTBACCTeuTBA 25-Oct
01-Nov-221030GermanyTBAIndex-linked BundTBA 27-Oct
01-Nov-221445UKGBP750mlnShort APF Sales (3y-7y)
02-Nov-221030GermanyE1bln0% Aug-31 Green BundRe-open
03-Nov-220930SpainTBABono/Olbi/ObliEiTBA 28-Oct
03-Nov-220950FranceTBALT OATsTBA 28-Oct
04-Nov-221100BelgiumTBAORI FacilityTBA 3-Nov
W/C 7-Nov----UKTBAJan-38 GiltSynd; New
07-Nov-221445UKGBP750mlnMedium APF Sales (7y-20y)
08-Nov-220900NetherlandsE1.5-2.5bln0.50% Jul-32 DSLRe-open
08-Nov-221000AustriaTBARAGBTBA 3-Nov
08-Nov-221000UKTBA 1-Nov4.125% Jan-27 GiltRe-open
08-Nov-221030GermanyE6blnDec-24 SchatzNew
09-Nov-221000UKTBA 2-Nov0.875% Jul-33 Green GiltRe-open
09-Nov-221030GermanyE4bln1.70% Aug-32 BundRe-open
09-Nov-221030PortugalTBAPotential OT auctionTBA 4-Nov
11-Nov-221000ItalyTBA3-year BTPTBA 8-Nov
11-Nov-221000ItalyTBA7-year BTPTBA 8-Nov
11-Nov-221000ItalyTBA15-50-year BTPTBA 8-Nov
W/C 14-Nov----EUTBAEU-bond syndication
W/C 14-Nov----ItalyTBABTP Italia 6y
14-Nov-221445UKGBP750mlnShort APF Sales (3y-7y)
15-Nov-221000UKTBA 8-Nov1.00% Jan-32 GiltRe-open
15-Nov-221030GermanyE4bln2.10% Nov-29 BundRe-open
15-Nov-221130UKTBA 8-Nov0.875% Jan-46 GiltRe-open
16-Nov-221030GermanyE1.5bln1.00% May-38 BundRe-open
16-Nov-221130UKTBA 9-Nov0.25% Jan-25 GiltRe-open
17-Nov-220930SpainTBABono/OlbiTBA 11-Nov
17-Nov-220950FranceTBAMT OATsTBA 11-Nov
17-Nov-221050FranceTBAIL OATsTBA 11-Nov
17-Nov-221445UKGBP750mlnMedium APF Sales (7y-20y)
21-Nov-221100BelgiumTBAConventional auctionTBA 14-Nov
21-Nov-221445UKGBP750mlnShort APF Sales (3y-7y)
22-Nov-221030GermanyE3bln1.30% Oct-27 BoblRe-open
23-Nov-221030GermanyE1bln1.80% Aug-53 BundRe-open
23-Nov-221030PortugalTBAPotential OT auctionTBA 18-Nov
24-Nov-221000ItalyTBABTP Short TermTBA 21-Nov
24-Nov-221000ItalyTBABTPeiTBA 21-Nov
28-Nov-221030EUTBAEU-bond auctionTBA 23-Nov
28-Nov-221445UKGBP750mlnMedium APF Sales (7y-20y)
29-Nov-221000ItalyTBA5-year BTPTBA 24-Nov
29-Nov-221000ItalyTBA10-year BTPTBA 24-Nov
29-Nov-221000ItalyTBACCTeuTBA 24-Nov
30-Nov-221030GermanyE3bln1.70% Aug-32 BundRe-open
01-Dec-220930SpainTBABono/Olbi/ObliEiTBA 25-Nov
01-Dec-221000UKTBA 24-Nov1.25% Jul-51 GiltRe-open
01-Dec-220950FranceTBANominal / IL OATsTBA 25-Nov
W/C 5-Dec----EUTBAEU-bond syndication
05-Dec-221445UKGBP750mlnShort APF Sales (3y-7y)
06-Dec-221000UKTBA 29-Nov4.125% Jan-27 GiltRe-open
06-Dec-221030GermanyE5blnDec-24 SchatzRe-open
06-Dec-221130UKTBA 29-Nov1.125% Jan-39 GiltRe-open
07-Dec-221000UKTBA 30-Nov0.125% Aug-31 linkerRe-open
08-Dec-221445UKGBP750mlnMedium APF Sales (7y-20y)
13-Dec-221000AustriaTBARAGBTBA 7-Dec
13-Dec-221000ItalyTBA3-year BTPTBA 7-Dec
13-Dec-221000ItalyTBA7-year BTPTBA 7-Dec
13-Dec-221000ItalyTBA15-50-year BTPTBA 7-Dec
13-Dec-221000UKTBA 6-Dec1.00% Jan-32 GiltRe-open
14-Dec-221030PortugalTBAPotential OT auctionTBA 9-Dec
15-Dec-220930SpainTBABono/OlbiTBA 9-Dec
16-Dec-221100BelgiumTBAORI FacilityTBA 15-Dec
19-Dec-221000SlovakiaTBAReserve date
20-Dec-221000UKTBA 13-Dec0.25% Jan-25 GiltRe-open
28-Dec-221000ItalyTBABTP Short TermTBA 22-Dec
28-Dec-221000ItalyTBABTPeiTBA 22-Dec
29-Dec-221000ItalyTBA5-year BTPTBA 23-Dec
29-Dec-221000ItalyTBA10-year BTPTBA 23-Dec
29-Dec-221000ItalyTBACCTeuTBA 23-Dec
05-Jan-231000UKTBAConventional gilt
10-Jan-231000UKTBAConventional gilt
11-Jan-231000UKTBAConventional gilt
12-Jan-230930SpainTBABono/Olbi/ObliEiTBA 6-Jan
12-Jan-231000ItalyTBA3-year BTPTBA 9-Jan
12-Jan-231000ItalyTBA7-year BTPTBA 9-Jan
12-Jan-231000ItalyTBA15-50-year BTPTBA 9-Jan
17-Jan-231000UKTBAConventional gilt
18-Jan-231000UKTBAConventional gilt
19-Jan-230930SpainTBABono/OlbiTBA 13-Jan
24-Jan-231000UKTBAI/L gilt
25-Jan-231000ItalyTBABTP Short TermTBA 20-Jan
25-Jan-231000ItalyTBABTPeiTBA 20-Jan
27-Jan-231000ItalyTBA5-year BTPTBA 24-Jan
27-Jan-231000ItalyTBA10-year BTPTBA 24-Jan
27-Jan-231000ItalyTBACCTeuTBA 24-Jan
01-Feb-231000UKTBAConventional gilt
07-Feb-231000UKTBAConventional gilt
08-Feb-231000UKTBAConventional gilt
14-Feb-231000UKTBAConventional gilt
15-Feb-231000UKTBAConventional gilt
21-Feb-231000UKTBAConventional gilt
22-Feb-231000UKTBAConventional gilt
01-Mar-231000UKTBAConventional gilt
01-Mar-231130UKTBAI/L gilt
07-Mar-231000UKTBAConventional gilt
08-Mar-231000UKTBAConventional gilt
14-Mar-231000UKTBAConventional gilt
15-Mar-231000UKTBAConventional gilt
21-Mar-231000UKTBAConventional gilt
28-Mar-231000UKTBAI/L gilt
29-Mar-231000UKTBAI/L gilt

  • Austria: 3-4 syndications in 2022 (from 3 in 2021). One triple tranche held on 19 January 2022 and single tranches on 23 March and 21 September.
  • Belgium: Up to 3 new benchmark OLOs intended to be launched in three syndications in 2022 (up from 2 in 2021). New 10-year launched on 18 January, new 30-year launched on 15 February and a Green OLO due with maturity to be determined.
  • Finland has already held its three planned syndications for 2022: it launched the long 20-year 0.50% Apr-43 RFGB on 26 January, the 10-year 1.50% Sep-32 RFGB on 25 May and the 5-year 1.375% Apr-27 RFGB on 23 August.
  • France: New bonds planned in 2022: One 3-year OAT (launched 20 January), one 5-year OAT (launched 19 May), two 10-year OATs (first launched 6 January, second 7 July), one 15-year OAT (launched 7 April), one new long 20-year OAT (launched 6 September via syndication), one new 30-year OATei (launched 25 January via syndication), one 15-year Green OATei (launched 25 May via syndication). France has E10bln of Green eligible expenditures for 2022 (of which E9.096bln has already been issued).
  • Germany: 2022 planned syndications: 30-year 0% Aug-52 Bund reopened on 1 March, 30-year 0% Aug-50 Green Bund reopened on 1 June, 5-year Aug-27 Green Bobl new issue on 31 August and new conventional 30-year Bund on 11 October.
  • Ireland has announced that it has completed its funding for 2022 ahead of schedule and will not be holding any issuance operations during
  • Italy: In Q3-22, Italy launched the new 5-year 2.65% Dec-27 BTP on 30 June for a minimum E10.0bln and the 4.00% Apr-35 Green BTP via syndication on 6 September. It also plans to reopen the 1.75% May-24 BTP Short Term, 1.20% Aug-25 BTP (minimum outstanding E9bln already surpassed), 2.80% Jun-29 BTP (minimum outstanding E10bln), and the 2.50% Dec-32 BTP (minimum outstanding E10bln).
  • The UK plans to hold a linker syndication in the second half of November.

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