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EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: Germany, the Netherlands, Spain, Belgium and the ESM
are all due to come to market this week to issue bills. We expect supply to be
E10.8bln vs E11.0bln last week.
- ISSUANCE: On Tuesday, Germany and the Netherlands kick off issuance for the
week with both auctioning 6-month bills. They aim to raise E3.0bln and
1.0-2.0bln respectively. The rest of the week's issuance will be completed on
Tuesday. Spain are due to sell 6-month and 12-month bills for E1.0-2.0bln,
Belgium will sell short and medium bills for E1.4-1.8bln while the ESM aim to
raise E2.5bln in 3-month bills.
** For further details please see MNI Eurozone T-Bill Calendar

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