December 20, 2024 17:20 GMT
EZ/UK Bond Supply Calendar: BOE APF Sales Due 6 January
Below are the known dates for auctions of European bonds and UK gilts. All times are UK.
AustriaBelgiumDataNetherlandsPortugalDenmarkCalendarCEEMEAEurozoneGermanyFranceItalySpainEurozone/UK Bond Auction CalendarUKGreeceStoryBond Market NewsBank Of England (BOE) Market NewsSwedenRegion
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.
Date | Time | Country | Amount | Details | Notes |
06-Jan-25 | 1445 | UK | GBP725mln | Medium APF Sales (7y-20y) | |
07-Jan-25 | 1000 | Austria | TBA 2-Jan | RAGB | TBA 2-Jan |
07-Jan-25 | 1000 | UK | TBA 30-Dec | 4.375% Jul-54 Gilt | Re-open |
07-Jan-25 | 1030 | Germany | E4.5bln | 2.00% Dec-26 Schatz | Re-open |
08-Jan-25 | 1000 | UK | TBA 30-Dec | Mar-30 Gilt | New |
08-Jan-25 | 1030 | Germany | E5bln | Feb-35 Bund | New |
08-Jan-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 3-Jan |
09-Jan-25 | 0930 | Spain | TBA 6-Jan | Bono/Olbi | TBA 3-Jan |
09-Jan-25 | 0930 | Spain | TBA 6-Jan | ObliEi | TBA 3-Jan |
09-Jan-25 | 0950 | France | TBA 6-Jan | LT OATs | TBA 3-Jan |
13-Jan-25 | 1445 | UK | GBP750mln | Short APF Sales (3y-7y) | |
W/C 13-Jan | ---- | EU | TBA | EU-bond syndication | |
14-Jan-25 | 0900 | Netherlands | E1.5-2.0bln | 2.00% Jan-54 DSL | Re-open |
14-Jan-25 | 1000 | UK | TBA 7-Jan | 1.25% Nov-54 linker | Re-open |
14-Jan-25 | 1030 | Germany | E5bln | Apr-30 Bobl | New |
15-Jan-25 | 1000 | UK | TBA 8-Jan | 4.25% Jul-34 Gilt | Re-open |
15-Jan-25 | 1030 | Germany | E1.5bln | 2.50% Aug-54 Bund | Re-open |
15-Jan-25 | 1030 | Germany | E1bln | 30-year Bund | TBA 7-Jan |
16-Jan-25 | 0930 | Spain | TBA 13-Jan | Bono/Olbi | TBA 10-Jan |
20-Jan-25 | 1000 | Slovakia | TBA | SlovGB | TBA 13-Jan |
W/C 20-Jan | ---- | UK | TBA | 15-20 year gilt | Synd |
21-Jan-25 | 1030 | Germany | TBA | Green auction | |
22-Jan-25 | 1030 | Germany | E1.5bln | 2.60% May-41 Bund | Re-open |
22-Jan-25 | 1030 | Germany | E500mln | 15-year Bund | TBA 14-Jan |
22-Jan-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 17-Jan |
23-Jan-25 | 0950 | France | TBA 20-Jan | MT OATs | TBA 18-Jan |
23-Jan-25 | 0950 | France | TBA 20-Jan | IL OATs | TBA 18-Jan |
23-Jan-25 | 1000 | UK | TBA 16-Jan | 4.375% Mar-28 Gilt | Re-open |
27-Jan-25 | 1030 | EU | TBA 22-Jan | EU-bond auction | TBA 22-Jan |
27-Jan-25 | 1100 | Belgium | TBA 24-Jan | Conventional auction | TBA 21-Jan |
27-Jan-25 | 1445 | UK | GBP550mln | Long APF Sales (20y+) | |
28-Jan-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 22-Jan |
28-Jan-25 | 1000 | Italy | TBA 23-Jan | BTP Short Term | TBA 23-Jan |
28-Jan-25 | 1000 | Italy | TBA 23-Jan | BTPei | TBA 23-Jan |
28-Jan-25 | 1000 | UK | TBA 21-Jan | Sep-35 linker | New |
28-Jan-25 | 1030 | Germany | E5bln | Mar-27 Schatz | New |
29-Jan-25 | 1000 | UK | TBA 22-Jan | 0.875% Jul-33 Green Gilt | Re-open |
29-Jan-25 | 1030 | Germany | E4.5bln | Feb-35 Bund | Re-open |
30-Jan-25 | 1000 | Italy | TBA 27-Jan | 5-year BTP | TBA 27-Jan |
30-Jan-25 | 1000 | Italy | TBA 27-Jan | 10-year BTP | TBA 27-Jan |
30-Jan-25 | 1000 | Italy | TBA 27-Jan | CCTeu | TBA 27-Jan |
04-Feb-25 | 1000 | Austria | TBA 30-Jan | RAGB | TBA 30-Jan |
04-Feb-25 | 1000 | UK | TBA 28-Jan | Mar-30 Gilt | Re-open |
05-Feb-25 | 1000 | UK | TBA 29-Jan | 1.50% Jul-53 Green Gilt | Re-open |
06-Feb-25 | 0950 | France | TBA 31-Jan | LT OATs | TBA 31-Jan |
06-Feb-25 | 1100 | Finland | Up to E0.4bln | ORI Facility | ORI Facility |
07-Feb-25 | 1100 | Belgium | TBA 6-Feb | ORI Facility | TBA 6-Feb |
W/C 10-Feb | ---- | EU | TBA | EU-bond syndication | |
11-Feb-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 5-Feb |
11-Feb-25 | 1030 | Germany | E5bln | Apr-30 Bobl | Re-open |
12-Feb-25 | 1000 | UK | TBA 5-Feb | 0.625% Mar-45 linker | Re-open |
12-Feb-25 | 1030 | Germany | E1.5bln | 2.50% Aug-54 Bund | Re-open |
12-Feb-25 | 1030 | Germany | E1bln | 30-year Bund | TBA 4-Feb |
12-Feb-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 7-Feb |
13-Feb-25 | 1000 | Italy | TBA 10-Feb | 3-year BTP | TBA 10-Feb |
13-Feb-25 | 1000 | Italy | TBA 10-Feb | 7-year BTP | TBA 10-Feb |
13-Feb-25 | 1000 | Italy | TBA 10-Feb | 15-50-year BTP | TBA 10-Feb |
17-Feb-25 | 1000 | Slovakia | TBA | SlovGB | TBA 10-Feb |
18-Feb-25 | 1000 | UK | TBA 11-Feb | 4.00% Oct-63 Gilt | Re-open |
18-Feb-25 | 1030 | Germany | E4.5bln | Mar-27 Schatz | Re-open |
18-Feb-25 | 1100 | Finland | E1.0-1.5bln | Conventional auction | TBA 14-Feb |
19-Feb-25 | 1000 | UK | TBA 12-Feb | 4.375% Mar-28 Gilt | Re-open |
19-Feb-25 | 1030 | Germany | E4.5bln | Feb-35 Bund | Re-open |
20-Feb-25 | 0950 | France | TBA 14-Feb | MT OATs | TBA 14-Feb |
20-Feb-25 | 1050 | France | TBA 14-Feb | IL OATs | TBA 14-Feb |
24-Feb-25 | 1030 | EU | TBA 19-Feb | EU-bond auction | TBA 19-Feb |
24-Feb-25 | 1100 | Belgium | TBA 21-Feb | Conventional auction | TBA 18-Feb |
25-Feb-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 19-Feb |
25-Feb-25 | 1000 | Italy | TBA 20-Feb | BTP Short Term | TBA 20-Feb |
25-Feb-25 | 1000 | Italy | TBA 20-Feb | BTPei | TBA 20-Feb |
25-Feb-25 | 1000 | UK | TBA 18-Feb | Sep-35 linker | Re-open |
25-Feb-25 | 1030 | Germany | TBA | Green auction | |
26-Feb-25 | 1030 | Germany | E1.5bln | 1.00% May-38 Bund | Re-open |
26-Feb-25 | 1030 | Germany | E500mln | 15-year Bund | TBA 18-Feb |
26-Feb-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 21-Feb |
27-Feb-25 | 1000 | Italy | TBA 24-Feb | 5-year BTP | TBA 24-Feb |
27-Feb-25 | 1000 | Italy | TBA 24-Feb | 10-year BTP | TBA 24-Feb |
27-Feb-25 | 1000 | Italy | TBA 24-Feb | CCTeu | TBA 24-Feb |
27-Feb-25 | 1000 | UK | TBA 20-Feb | 4.375% Jan-40 Gilt | Re-open |
04-Mar-25 | 1000 | Austria | TBA 27-Feb | RAGB | TBA 27-Feb |
04-Mar-25 | 1000 | UK | TBA 25-Feb | 4.375% Jul-54 Gilt | Re-open |
04-Mar-25 | 1030 | Germany | E4.5bln | Apr-30 Bobl | Re-open |
05-Mar-25 | 1000 | UK | TBA 26-Feb | Mar-30 Gilt | Re-open |
06-Mar-25 | 0950 | France | TBA 28-Feb | LT OATs | TBA 28-Feb |
07-Mar-25 | 1100 | Belgium | TBA 6-Mar | ORI Facility | TBA 6-Mar |
W/C 10-Mar | ---- | EU | TBA | EU-bond syndication | |
11-Mar-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 5-Mar |
11-Mar-25 | 1030 | Germany | E4.5bln | Mar-27 Schatz | Re-open |
12-Mar-25 | 1000 | UK | TBA 5-Mar | 10-year Gilt | Re-open |
12-Mar-25 | 1030 | Germany | E4.5bln | Feb-35 Bund | Re-open |
12-Mar-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 7-Mar |
13-Mar-25 | 1000 | Italy | TBA 10-Mar | 3-year BTP | TBA 10-Mar |
13-Mar-25 | 1000 | Italy | TBA 10-Mar | 7-year BTP | TBA 10-Mar |
13-Mar-25 | 1000 | Italy | TBA 10-Mar | 15-50-year BTP | TBA 10-Mar |
17-Mar-25 | 1000 | Slovakia | TBA | SlovGB | TBA 10-Mar |
18-Mar-25 | 1000 | UK | TBA 11-Mar | 4.375% Mar-28 Gilt | Re-open |
18-Mar-25 | 1100 | Finland | E1.0-1.5bln | Conventional auction | TBA 14-Mar |
19-Mar-25 | 1030 | Germany | E1.5bln | 1.80% Aug-53 Bund | Re-open |
19-Mar-25 | 1030 | Germany | E1bln | 30-year Bund | TBA 11-Mar |
20-Mar-25 | 0950 | France | TBA 14-Mar | MT OATs | TBA 14-Mar |
20-Mar-25 | 1050 | France | TBA 14-Mar | IL OATs | TBA 14-Mar |
24-Mar-25 | 1030 | EU | TBA 19-Mar | EU-bond auction | TBA 19-Mar |
24-Mar-25 | 1100 | Belgium | TBA 21-Mar | Conventional auction | TBA 18-Mar |
25-Mar-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 19-Mar |
25-Mar-25 | 1000 | UK | TBA 18-Mar | 4.75% Oct-43 Gilt | Re-open |
25-Mar-25 | 1030 | Germany | E4.5bln | Apr-30 Bobl | Re-open |
26-Mar-25 | 1000 | Italy | TBA 21-Mar | BTP Short Term | TBA 21-Mar |
26-Mar-25 | 1000 | Italy | TBA 21-Mar | BTPei | TBA 21-Mar |
26-Mar-25 | 1030 | Germany | E1.5bln | 2.60% May-41 Bund | Re-open |
26-Mar-25 | 1030 | Germany | E500mln | 15-year Bund | TBA 18-Mar |
26-Mar-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 21-Mar |
27-Mar-25 | 1000 | UK | TBA 20-Mar | 4.00% Oct-31 Gilt | Re-open |
28-Mar-25 | 1000 | Italy | TBA 25-Mar | 5-year BTP | TBA 25-Mar |
28-Mar-25 | 1000 | Italy | TBA 25-Mar | 10-year BTP | TBA 25-Mar |
28-Mar-25 | 1000 | Italy | TBA 25-Mar | CCTeu | TBA 25-Mar |
01-Apr-25 | 1030 | Germany | E4.5bln | Mar-27 Schatz | Re-open |
02-Apr-25 | 1030 | Germany | E4.5bln | Feb-35 Bund | Re-open |
03-Apr-25 | 0950 | France | TBA 28-Mar | LT OATs | TBA 28-Mar |
03-Apr-25 | 1100 | Finland | Up to E0.4bln | ORI Facility | ORI Facility |
W/C 7-Apr | ---- | EU | TBA | EU-bond syndication | |
08-Apr-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 2-Apr |
08-Apr-25 | 1000 | Austria | TBA 3-Apr | RAGB | TBA 3-Apr |
08-Apr-25 | 1030 | Germany | TBA | Green auction | |
09-Apr-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 4-Apr |
11-Apr-25 | 1000 | Italy | TBA 8-Apr | 3-year BTP | TBA 8-Apr |
11-Apr-25 | 1000 | Italy | TBA 8-Apr | 7-year BTP | TBA 8-Apr |
11-Apr-25 | 1000 | Italy | TBA 8-Apr | 15-50-year BTP | TBA 8-Apr |
15-Apr-25 | 1030 | Germany | E4.5bln | Apr-30 Bobl | Re-open |
16-Apr-25 | 1030 | Germany | E2.5bln | 30-year Bund | |
17-Apr-25 | 0950 | France | TBA 11-Apr | MT OATs | TBA 11-Apr |
17-Apr-25 | 1050 | France | TBA 11-Apr | IL OATs | TBA 11-Apr |
22-Apr-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 16-Apr |
22-Apr-25 | 1000 | Slovakia | TBA | SlovGB | TBA 14-Apr |
22-Apr-25 | 1030 | Germany | E5bln | Jun-27 Schatz | New |
23-Apr-25 | 1030 | Germany | E4bln | Feb-35 Bund | Re-open |
23-Apr-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 17-Apr |
24-Apr-25 | 1000 | Italy | TBA 22-Apr | BTP Short Term | TBA 22-Apr |
24-Apr-25 | 1000 | Italy | TBA 22-Apr | BTPei | TBA 22-Apr |
28-Apr-25 | 1030 | EU | TBA 23-Apr | EU-bond auction | TBA 23-Apr |
28-Apr-25 | 1100 | Belgium | TBA 25-Apr | Conventional auction | TBA 22-Apr |
29-Apr-25 | 1000 | Italy | TBA 23-Apr | 5-year BTP | TBA 23-Apr |
29-Apr-25 | 1000 | Italy | TBA 23-Apr | 10-year BTP | TBA 23-Apr |
29-Apr-25 | 1000 | Italy | TBA 23-Apr | CCTeu | TBA 23-Apr |
30-Apr-25 | 1030 | Germany | E2bln | 15-year Bund | |
02-May-25 | 1100 | Belgium | TBA 30-Apr | ORI Facility | TBA 30-Apr |
06-May-25 | 1000 | Austria | TBA 1-May | RAGB | TBA 1-May |
06-May-25 | 1030 | Germany | E4.5bln | Apr-30 Bobl | Re-open |
07-May-25 | 0950 | France | TBA 30-Apr | LT OATs | TBA 30-Apr |
W/C 12-May | ---- | EU | TBA | EU-bond syndication | |
13-May-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 7-May |
13-May-25 | 1000 | Italy | TBA 8-May | 3-year BTP | TBA 8-May |
13-May-25 | 1000 | Italy | TBA 8-May | 7-year BTP | TBA 8-May |
13-May-25 | 1000 | Italy | TBA 8-May | 15-50-year BTP | TBA 8-May |
13-May-25 | 1030 | Germany | E4.5bln | Jun-27 Schatz | Re-open |
14-May-25 | 1030 | Germany | E2.5bln | 30-year Bund | |
14-May-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 9-May |
19-May-25 | 1000 | Slovakia | TBA | SlovGB | TBA 12-May |
19-May-25 | 1030 | EU | TBA 14-May | EU-bond auction | TBA 14-May |
20-May-25 | 1030 | Germany | TBA | Green auction | |
21-May-25 | 1030 | Germany | E4bln | Feb-35 Bund | Re-open |
22-May-25 | 0950 | France | TBA 16-May | MT OATs | TBA 16-May |
22-May-25 | 1050 | France | TBA 16-May | IL OATs | TBA 16-May |
26-May-25 | 1100 | Belgium | TBA 23-May | Conventional auction | TBA 20-May |
27-May-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 21-May |
27-May-25 | 1000 | Italy | TBA 22-May | BTP Short Term | TBA 22-May |
27-May-25 | 1000 | Italy | TBA 22-May | BTPei | TBA 22-May |
28-May-25 | 1030 | Germany | E2bln | 15-year Bund | |
28-May-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 23-May |
29-May-25 | 1000 | Italy | TBA 26-May | 5-year BTP | TBA 26-May |
29-May-25 | 1000 | Italy | TBA 26-May | 10-year BTP | TBA 26-May |
29-May-25 | 1000 | Italy | TBA 26-May | CCTeu | TBA 26-May |
02-Jun-25 | 1000 | Slovakia | TBA | Jun-29 SlovGB | Re-open |
02-Jun-25 | 1030 | EU | TBA 28-May | EU-bond auction | TBA 28-May |
03-Jun-25 | 1000 | Austria | TBA 29-May | RAGB | TBA 29-May |
03-Jun-25 | 1030 | Germany | E4.5bln | Jun-27 Schatz | Re-open |
05-Jun-25 | 0950 | France | TBA 30-May | LT OATs | TBA 30-May |
10-Jun-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 4-Jun |
10-Jun-25 | 1030 | Germany | E4bln | Apr-30 Bobl | Re-open |
11-Jun-25 | 1030 | Germany | E3bln | Feb-35 Bund | Re-open |
11-Jun-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 6-Jun |
12-Jun-25 | 1000 | Italy | TBA 9-Jun | 3-year BTP | TBA 9-Jun |
12-Jun-25 | 1000 | Italy | TBA 9-Jun | 7-year BTP | TBA 9-Jun |
12-Jun-25 | 1000 | Italy | TBA 9-Jun | 15-50-year BTP | TBA 9-Jun |
16-Jun-25 | 1000 | Slovakia | TBA | SlovGB | TBA 9-Jun |
W/C 16-Jun | ---- | EU | TBA | EU-bond syndication | |
17-Jun-25 | 1030 | Germany | TBA | Green auction | |
18-Jun-25 | 1030 | Germany | E2.5bln | 30-year Bund | |
19-Jun-25 | 0950 | France | TBA 13-Jun | MT OATs | TBA 13-Jun |
19-Jun-25 | 1050 | France | TBA 13-Jun | IL OATs | TBA 13-Jun |
23-Jun-25 | 1030 | EU | TBA 18-Jun | EU-bond auction | TBA 18-Jun |
23-Jun-25 | 1100 | Belgium | TBA 20-Jun | Conventional auction | TBA 17-Jun |
24-Jun-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 18-Jun |
24-Jun-25 | 1030 | Germany | E4bln | Jun-27 Schatz | Re-open |
25-Jun-25 | 1000 | Italy | TBA 20-Jun | BTP Short Term | TBA 20-Jun |
25-Jun-25 | 1000 | Italy | TBA 20-Jun | BTPei | TBA 20-Jun |
25-Jun-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 20-Jun |
26-Jun-25 | 1100 | Finland | Up to E0.4bln | ORI Facility | ORI Facility |
27-Jun-25 | 1000 | Italy | TBA 24-Jun | 5-year BTP | TBA 24-Jun |
27-Jun-25 | 1000 | Italy | TBA 24-Jun | 10-year BTP | TBA 24-Jun |
27-Jun-25 | 1000 | Italy | TBA 24-Jun | CCTeu | TBA 24-Jun |
02-Jul-25 | 1030 | Germany | E5bln | Aug-35 Bund | New |
03-Jul-25 | 0950 | France | TBA 27-Jun | LT OATs | TBA 27-Jun |
04-Jul-25 | 1100 | Belgium | TBA 3-Jul | ORI Facility | TBA 3-Jul |
08-Jul-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 2-Jul |
08-Jul-25 | 1000 | Austria | TBA 3-Jul | RAGB | TBA 3-Jul |
08-Jul-25 | 1030 | Germany | E5bln | Oct-30 Bobl | New |
09-Jul-25 | 1030 | Germany | E2bln | 15-year Bund | |
09-Jul-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 4-Jul |
11-Jul-25 | 1000 | Italy | TBA 8-Jul | 3-year BTP | TBA 8-Jul |
11-Jul-25 | 1000 | Italy | TBA 8-Jul | 7-year BTP | TBA 8-Jul |
11-Jul-25 | 1000 | Italy | TBA 8-Jul | 15-50-year BTP | TBA 8-Jul |
15-Jul-25 | 1030 | Germany | E5bln | Sep-27 Schatz | New |
16-Jul-25 | 1030 | Germany | E2bln | 30-year Bund | |
17-Jul-25 | 0950 | France | TBA 11-Jul | MT OATs | TBA 11-Jul |
17-Jul-25 | 1050 | France | TBA 11-Jul | IL OATs | TBA 11-Jul |
21-Jul-25 | 1000 | Slovakia | TBA | SlovGB | Reserve |
22-Jul-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 16-Jul |
22-Jul-25 | 1030 | Germany | TBA | Green auction | |
23-Jul-25 | 1030 | Germany | E4.5bln | Aug-35 Bund | Re-open |
23-Jul-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 18-Jul |
24-Jul-25 | 1000 | Italy | TBA 21-Jul | BTP Short Term | TBA 21-Jul |
24-Jul-25 | 1000 | Italy | TBA 21-Jul | BTPei | TBA 21-Jul |
28-Jul-25 | 1100 | Belgium | TBA 25-Jul | Conventional auction | TBA 22-Jul |
29-Jul-25 | 1030 | Germany | E4.5bln | Oct-30 Bobl | Re-open |
30-Jul-25 | 1000 | Italy | TBA 25-Jul | 5-year BTP | TBA 25-Jul |
30-Jul-25 | 1000 | Italy | TBA 25-Jul | 10-year BTP | TBA 25-Jul |
30-Jul-25 | 1000 | Italy | TBA 25-Jul | CCTeu | TBA 25-Jul |
01-Aug-25 | 1100 | Belgium | TBA 31-Jul | ORI Facility | TBA 31-Jul |
05-Aug-25 | 1000 | Austria | TBA 31-Jul | RAGB | TBA 31-Jul |
05-Aug-25 | 1030 | Germany | E4bln | Sep-27 Schatz | Re-open |
06-Aug-25 | 1030 | Germany | E1.5bln | 15-year Bund | |
07-Aug-25 | 0950 | France | TBA 1-Aug | LT OATs | TBA 1-Aug |
12-Aug-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 6-Aug |
13-Aug-25 | 1000 | Italy | TBA 8-Aug | 3-year BTP | TBA 8-Aug |
13-Aug-25 | 1000 | Italy | TBA 8-Aug | 7-year BTP | TBA 8-Aug |
13-Aug-25 | 1000 | Italy | TBA 8-Aug | 15-50-year BTP | TBA 8-Aug |
13-Aug-25 | 1030 | Germany | E4.5bln | Aug-35 Bund | Re-open |
13-Aug-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 8-Aug |
18-Aug-25 | 1000 | Slovakia | TBA | SlovGB | Reserve |
19-Aug-25 | 1030 | Germany | E4.5bln | Oct-30 Bobl | Re-open |
20-Aug-25 | 1030 | Germany | E2.5bln | 30-year Bund | |
21-Aug-25 | 0950 | France | TBA 15-Aug | MT OATs | TBA 15-Aug |
21-Aug-25 | 1050 | France | TBA 14-Aug | IL OATs | TBA 14-Aug |
25-Aug-25 | 1100 | Belgium | TBA 22-Aug | Conventional auction | TBA 19-Aug |
26-Aug-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 20-Aug |
26-Aug-25 | 1000 | Italy | TBA 21-Aug | BTP Short Term | TBA 21-Aug |
26-Aug-25 | 1000 | Italy | TBA 21-Aug | BTPei | TBA 21-Aug |
27-Aug-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 22-Aug |
28-Aug-25 | 1000 | Italy | TBA 25-Aug | 5-year BTP | TBA 25-Aug |
28-Aug-25 | 1000 | Italy | TBA 25-Aug | 10-year BTP | TBA 25-Aug |
28-Aug-25 | 1000 | Italy | TBA 25-Aug | CCTeu | TBA 25-Aug |
28-Aug-25 | 1100 | Finland | Up to E0.4bln | ORI Facility | ORI Facility |
02-Sep-25 | 1030 | Germany | E4bln | Sep-27 Schatz | Re-open |
03-Sep-25 | 1030 | Germany | E4.5bln | Aug-35 Bund | Re-open |
04-Sep-25 | 0950 | France | TBA 29-Aug | LT OATs | TBA 29-Aug |
05-Sep-25 | 1100 | Belgium | TBA 4-Sep | ORI Facility | TBA 4-Sep |
09-Sep-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 3-Sep |
09-Sep-25 | 1000 | Austria | TBA 4-Sep | RAGB | TBA 4-Sep |
09-Sep-25 | 1030 | Germany | TBA | Green auction | |
10-Sep-25 | 1030 | Germany | E2bln | 15-year Bund | |
10-Sep-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 5-Sep |
11-Sep-25 | 1000 | Italy | TBA 8-Sep | 3-year BTP | TBA 8-Sep |
11-Sep-25 | 1000 | Italy | TBA 8-Sep | 7-year BTP | TBA 8-Sep |
11-Sep-25 | 1000 | Italy | TBA 8-Sep | 15-50-year BTP | TBA 8-Sep |
16-Sep-25 | 1000 | Slovakia | TBA | SlovGB | TBA 8-Sep |
16-Sep-25 | 1030 | Germany | E4.5bln | Oct-30 Bobl | Re-open |
17-Sep-25 | 1030 | Germany | E2.5bln | 30-year Bund | |
18-Sep-25 | 0950 | France | TBA 12-Sep | MT OATs | TBA 12-Sep |
18-Sep-25 | 1050 | France | TBA 12-Sep | IL OATs | TBA 12-Sep |
22-Sep-25 | 1100 | Belgium | TBA 19-Sep | Conventional auction | TBA 16-Sep |
23-Sep-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 17-Sep |
23-Sep-25 | 1030 | Germany | E4bln | Sep-27 Schatz | Re-open |
24-Sep-25 | 1000 | Italy | TBA 19-Sep | BTP Short Term | TBA 19-Sep |
24-Sep-25 | 1000 | Italy | TBA 19-Sep | BTPei | TBA 19-Sep |
24-Sep-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 19-Sep |
26-Sep-25 | 1000 | Italy | TBA 23-Sep | 5-year BTP | TBA 23-Sep |
26-Sep-25 | 1000 | Italy | TBA 23-Sep | 10-year BTP | TBA 23-Sep |
26-Sep-25 | 1000 | Italy | TBA 23-Sep | CCTeu | TBA 23-Sep |
01-Oct-25 | 1030 | Germany | E4.5bln | Aug-35 Bund | Re-open |
02-Oct-25 | 0950 | France | TBA 26-Sep | LT OATs | TBA 26-Sep |
07-Oct-25 | 1000 | Austria | TBA 2-Oct | RAGB | TBA 2-Oct |
07-Oct-25 | 1030 | Germany | E4.5bln | Oct-30 Bobl | Re-open |
08-Oct-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 3-Oct |
14-Oct-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 8-Oct |
14-Oct-25 | 1000 | Italy | TBA 9-Oct | 3-year BTP | TBA 9-Oct |
14-Oct-25 | 1000 | Italy | TBA 9-Oct | 7-year BTP | TBA 9-Oct |
14-Oct-25 | 1000 | Italy | TBA 9-Oct | 15-50-year BTP | TBA 9-Oct |
14-Oct-25 | 1030 | Germany | E5bln | Dec-27 Schatz | New |
15-Oct-25 | 1030 | Germany | E2bln | 30-year Bund | |
16-Oct-25 | 0950 | France | TBA 10-Oct | MT OATs | TBA 10-Oct |
16-Oct-25 | 1050 | France | TBA 10-Oct | IL OATs | TBA 10-Oct |
20-Oct-25 | 1000 | Slovakia | TBA | SlovGB | TBA 13-Oct |
21-Oct-25 | 1030 | Germany | TBA | Green auction | |
22-Oct-25 | 1030 | Germany | E1.5bln | 15-year Bund | |
22-Oct-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 17-Oct |
27-Oct-25 | 1100 | Belgium | TBA 24-Oct | Conventional auction | TBA 21-Oct |
28-Oct-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 22-Oct |
28-Oct-25 | 1000 | Italy | TBA 23-Oct | BTP Short Term | TBA 23-Oct |
28-Oct-25 | 1000 | Italy | TBA 23-Oct | BTPei | TBA 23-Oct |
28-Oct-25 | 1030 | Germany | E4bln | Oct-30 Bobl | Re-open |
29-Oct-25 | 1030 | Germany | E4bln | Aug-35 Bund | Re-open |
30-Oct-25 | 1000 | Italy | TBA 27-Oct | 5-year BTP | TBA 27-Oct |
30-Oct-25 | 1000 | Italy | TBA 27-Oct | 10-year BTP | TBA 27-Oct |
30-Oct-25 | 1000 | Italy | TBA 27-Oct | CCTeu | TBA 27-Oct |
30-Oct-25 | 1100 | Finland | Up to E0.4bln | ORI Facility | ORI Facility |
04-Nov-25 | 1000 | Austria | TBA 30-Oct | RAGB | TBA 30-Oct |
04-Nov-25 | 1030 | Germany | E4bln | Dec-27 Schatz | Re-open |
06-Nov-25 | 0950 | France | TBA 31-Oct | LT OATs | TBA 31-Oct |
07-Nov-25 | 1100 | Belgium | TBA 6-Nov | ORI Facility | TBA 6-Nov |
11-Nov-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 5-Nov |
12-Nov-25 | 1030 | Germany | E2bln | 30-year Bund | |
12-Nov-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 7-Nov |
13-Nov-25 | 1000 | Italy | TBA 10-Nov | 3-year BTP | TBA 10-Nov |
13-Nov-25 | 1000 | Italy | TBA 10-Nov | 7-year BTP | TBA 10-Nov |
13-Nov-25 | 1000 | Italy | TBA 10-Nov | 15-50-year BTP | TBA 10-Nov |
18-Nov-25 | 1000 | Slovakia | TBA | SlovGB | TBA 10-Nov |
20-Nov-25 | 0950 | France | TBA 14-Nov | MT OATs | TBA 14-Nov |
20-Nov-25 | 1050 | France | TBA 14-Nov | IL OATs | TBA 14-Nov |
24-Nov-25 | 1100 | Belgium | TBA 21-Nov | Conventional auction | TBA 18-Nov |
25-Nov-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 19-Nov |
25-Nov-25 | 1000 | Italy | TBA 20-Nov | BTP Short Term | TBA 20-Nov |
25-Nov-25 | 1000 | Italy | TBA 20-Nov | BTPei | TBA 20-Nov |
25-Nov-25 | 1030 | Germany | E3.5bln | Oct-30 Bobl | Re-open |
26-Nov-25 | 1030 | Germany | E3bln | Aug-35 Bund | Re-open |
26-Nov-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 21-Nov |
27-Nov-25 | 1000 | Italy | TBA 24-Nov | 5-year BTP | TBA 24-Nov |
27-Nov-25 | 1000 | Italy | TBA 24-Nov | 10-year BTP | TBA 24-Nov |
27-Nov-25 | 1000 | Italy | TBA 24-Nov | CCTeu | TBA 24-Nov |
27-Nov-25 | 1100 | Finland | Up to E0.4bln | ORI Facility | ORI Facility |
02-Dec-25 | 1030 | Germany | E3.5bln | Dec-27 Schatz | Re-open |
04-Dec-25 | 0950 | France | TBA 28-Nov | Nominal / IL OATs | TBA 28-Nov |
09-Dec-25 | 0900 | Netherlands | TBA | Potential DSL auction | TBA 3-Dec |
09-Dec-25 | 1000 | Austria | TBA 4-Dec | RAGB | TBA 4-Dec |
10-Dec-25 | 1030 | Portugal | TBA | Potential OT auction | TBA 5-Dec |
11-Dec-25 | 1000 | Italy | TBA 5-Dec | 3-year BTP | TBA 5-Dec |
11-Dec-25 | 1000 | Italy | TBA 5-Dec | 7-year BTP | TBA 5-Dec |
11-Dec-25 | 1000 | Italy | TBA 5-Dec | 15-50-year BTP | TBA 5-Dec |
15-Dec-25 | 1000 | Slovakia | TBA | SlovGB | Reserve |
19-Dec-25 | 1100 | Belgium | TBA 18-Dec | ORI Facility | TBA 18-Dec |
29-Dec-25 | 1000 | Italy | TBA 22-Dec | BTP Short Term | TBA 22-Dec |
30-Dec-25 | 1000 | Italy | TBA 23-Dec | 5-year BTP | TBA 23-Dec |
30-Dec-25 | 1000 | Italy | TBA 23-Dec | 10-year BTP | TBA 23-Dec |
30-Dec-25 | 1000 | Italy | TBA 23-Dec | CCTeu | TBA 23-Dec |
- Cancelled auctions:
- Italy has announced it will not make use of its auctions previously scheduled for December 30/31.
- Austria looks to hold 3 syndication in 2025.
- Belgium looks to issues up to three new OLOs in 2025: a new 5-year, 10-year and long-term (e.g. 30-year).
- Finland:New benchmarks in 2025 to be launched via syndication: 10-year, 20-year and either 7-year or 15-year. First expected in Q1 (we expect the other two in Q2 and Q3).
- Finland will release its next Debt Management Quarterly Review and Q2-25 funding calendar on 31 March.
- France: New issues expected via auction: One 3-year, one 5/6-year, two new 10-year OATs. “Prospect of" a new 15-20 year OAT via syndication. “Prospect, depending on demand and up to the limit of eligible green expenditures, of a syndicated tap" of the 3.00% Jun-49 Green OAT. “Prospect of" new 30-year OAT. "Consider, depending on market demand" a syndicated launch of a new OATei (no maturity given).
- Germany: 2 syndications in 2025 including the launch of a new 30-year Bund
- Italy: New bonds to be issued in Q1-25: BTP Short Term maturing 25 February 2027 (minimum outstanding to be E9bln). We look for a January launch, 5-year BTP maturing 1 July 2030 (minimum outstanding to be E10bln). We look for a February / March launch. 10-year BTP maturing 1 August 2035 (minimum outstanding to be E10bln). We look for a January launch (possibly via syndication).
- Italy: Reopenings in Q1-25: 3-year 2.70% Oct-27 BTP (minimum outstanding E9bln), 5-year 3.00% Oct-29 BTP (minimum outstanding E10bln already exceeded), 7-year 3.15% Nov-31 BTP (minimum outstanding E10bln already exceeded).
- Ireland "intends to conduct at least one syndicated bond deal in 2025."
- The Netherlands looks to issue a new 10-year 2035 DSL (via DDA for E5bln in Feb/Mar and then reopened for a further E7bln) and a new 15+ year DSL (to be launched via DDA for E5bln, time TBC).
- The Netherlands will confirm two further existing DSL auctions and the timing of the 10-year DDA in due course.
- Portugal expects to hold 3 syndications in 2025.
- Slovakia plans three new SlovGBs in 2025: a new 4-year SlovGB via auction on 2 June 2025 (maturing 4 June 2029). Final issue size will be E3.0bln. Also a 12-year SlovGB (final issue size E5.0bln) and a 15+ year SlovGB (final issue size E5.0bln).
- The BOE will announce its Q2-25 APF sales schedule on 21 March at 16:30GMT.
- The UK plans to hold a 10-year gilt syndication in February and to launch a new 20-25 year linker via syndication in March.
- The UK DMO will release a proposed calendar for the first 3 weeks of the next fiscal year at 7:30GMT on 12 March - with views from market participants sought until midday 13 March and the calendar for 31 March - 18 April then being confirmed on Friday 14 March at 7:30GMT.
- The UK DMO is expected to announce its FY24/25 gilt remit on Wednesday 26 March alongside Chancellor Reeves delivering the OBR's EFO update.
- The UK DMO will hold a consultation with GEMMs and investors to discuss FQ1-25 (Apr-Jun) issuance on 31 March 2025. The agenda for this meeting will be published on Wednesday 26 March at 15:30GMT. The DMO will announce its April to June issuance operations schedule at 7:30GMT on Friday 4 April.
Keep reading...Show less
1411 words