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W/C 19 December, 2022

EUROZONE T-BILL ISSUANCE

Only France is due to sell bills next week. We look for issuance at first round operations of E3.1bln, down from E15.3bln this week.

  • France will come to the market on Monday with up to E3.1bln of BTFs on offer: E1.4-1.8bln of the 12-week Mar 15, 2023 BTF, E0.1-0.5bln of the 34-week Aug 9, 2023 BTF and E0.4-0.8bln of the 49-week Nov 29, 2023 BTF.

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