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Free AccessFrance, the Netherlands,...>
EUROZONE T-BILL ISSUANCE: France, the Netherlands, Belgium, Greece and the ESM
issued t-bills this week. Supply came to E17.1bn compared to E34.5bn last week.
- RECAP: Belgium was the first to come to market with a sale of the Sep 10, 2020
and Jan 14, 2021 TCs on Tuesday for E2.0bn. The Netherlands then auctioned
6-month DTCs for E1.9bn. The ESM sold 3-month bills for E2.5bn. France concluded
Tuesday's issuance with a combination of 3-/6-/12-month BTFs for E9.4bn. Greece
wrapped up for the week with an auction of 6-month bills
for E1.3bn on Wednesday.
- CASHFLOWS: There will be E1.44bn in redemptions which will leave net cashflows
at E15.7bln for the week.
** For further details please see MNI Eurozone T-Bill Calendar
To read the full story
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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.