Free Trial

Germany, France, Spain,....>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: Germany, France, Spain, the Netherlands, Belgium,
Greece and the ESM issued T-bills this week with supply coming to E30.4bn
compared to E29.8bln last week.
- RECAP: Slovakia was the first to issue this week with a sale of Jan 2021 and
May 2021 bills on Monday for a combined E360mn. Germany then auctioned 6- and
9-month bubills, allotting a combined E5.58bn. The Netherlands sold E1.81bn of
the Oct 29, 2020 DTC. France then auctioned 3-/6-/12-month BTFs for a combined
E9.5bn. Spain sold E7.6bn of 6- and 12-month letras on Tuesday. Belgium them
sold E2.2bn of bills and the ESM auction 3-month bills for E2.5bn. Greece
concluded issuance for the week with a sale of 3-month bills for E812.5mn.
- CASH FLOWS: There will be E11.5bln of redemptions which will leave net cash
flows at E18.9bln for the week.
** For further details please 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.