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Bill Supply for W/C Jan 17, 2022 (1/2)

EUROZONE T-BILL ISSUANCE

Germany, the Netherlands and France, Spain, the ESM, Portugal and the EU all issued bills this week for E18.7bln in first round operations, down from E28.2bln last week.

  • Germany kicked off Monday morning's issuance by allotting E2.726bln of the new 12-month Jan 18, 2023 Bubill. Issuance volumes were E3.0bln.
  • The Netherlands also came to the market Monday morning, selling E2.82bln DTCS in total: E1.33bln of the 4.5-month May 30, 2022 DTC and E1.49bln of the 6.5-month Jul 28, 2022 DTC.
  • Monday afternoon, France sold sell up to E5.786bln of BTFs, the upper end of the target range: E2.695bln of the 12-week Apr 13, 2022 BTF, E1.955bln of the new 23-week Jun 29, 2022 BTF and E1.596bln of the 50-week Jan 4, 2023 BTF.

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