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The volume of Eurozone.....>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: The volume of Eurozone T-bill issuance this week will
be broadly in line with the E10.4bln issued last week. Issuance for this week
has now finished with E9.9bln issued from the Netherlands, France and the ESM in
a front-loaded week.
- PREVIOUS ISSUANCE: The Netherlands sold E2.11bln, towards the bottom of their
target range of E2-4bln. 3.5-month (Jan 31, 2020) and 5.5-month (Mar 31, 2020)
DTCs were sold. France sold E4.8bln of BTFs, at the top of its intended range
with 3-/5-/12/-month BTFs issued. E2.5bln of the 3-month Jan 22 BTF, E1.0bln of
the 5-month Mar 11, 2020 BTF and E1.3bln of the 12-month Oct 7, 2020 BTP were
sold. The ESM sold E3.00bln of 6-month bills maturing Apr 23, 2020.
** For further details please see MNI Eurozone and UK T-Bill Auction Calendar

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