Free Trial

France, Spain, the.........>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: France, Spain, the Netherlands and the ESM will issue
T-Bills this week with total supply estimated at E9.45bln compared to E19.2bln
last week.
- ISSUANCE: The Netherlands will be the first to auction on Monday with a sale
of 6-month Apr 30, 2020 DTCs for E1.0-2.0bln. On the same day France will sell
E3.6-4.8bln of 3-/6-/12-month BTFs. On Tuesday the ESM will supply E2.5bln of
6-month bills. Spain will then conclude issuance for the week with a tap of
3-month and 9-month letras with target volumes to be announced in the week.
- CASH FLOW: There are E7.6bln in redemptions which will leave net cash flow at
E1.8bln for the week.
** For further details please see MNI Eurozone T-Bill Calendar

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.