Free Trial

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

T-Bill Supply For W/C Oct 12

Germany, France, Spain, Belgium, Finland and the ESM will issue bills for the W/C Oct 12. We estimate supply of E15.6bn compared to E20.5bn last week.
  • ISSUANCE: On Monday Germany will sell E1.5bn each of Jan 20, 2021 and Jul 28, 2021 bubills. France will then sell a combination of 3-/6-/12-month BTFs for E4.1-5.3bn. Spain will come to market on Tuesday to sell 3- and 9-month letras with target volumes TBA. Belgium will follow with an auction of short and long TCs for E1.6-2.0bn. Finland will then sell May 11, 2021 and Aug 10, 2021 bills for a combined E2.0bn. The ESM will also offer E1.5bn of 12m bills.
  • CASH FLOWS: E19.6bn of redemptions will leave net cash flows at E-4.0bn for the week.
** For further details please see MNI Eurozone T-Bill Calendar

To read the full story

Why Subscribe to


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.