Free Trial

France, the Netherlands,...>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: France, the Netherlands, Belgium, Greece and the ESM
will issue t-bills this week. We estimate supply of E17.0bln compared to E34.5bn
last week.
- ISSUANCE: Belgium will be the first to come to market with a sale of the Sep
10, 2020 and Jan 14, 2021 TCs on Tuesday for E1.8-2.2bn. The Netherlands will
then auction 6-month DTCs for E1.5-2.5bn. The ESM will sell 3-month bills for
E2.5bn. France will conclude Tuesday's issuance with a combination of
3-/6-/12-month BTFs for E7.9-9.5bn. Greece will then wrap up for the week with
an auction of 6-month bills for E1bn on Wednesday.
- CASHFLOWS: There will be E1.44bn in redemptions which will leave net cashflows
at E15.6bln 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.