Free Trial

W/C 26 June, 2023 - Upcoming

EUROZONE T-BILL ISSUANCE
MNI (London)

Germany, France, Austria, Greece and Italy will look to sell bills this week. We look for issuance at first round operations of E20.9bln, down from this week's E17.0bln

  • On Monday, Germany will kick off bill issuance for the week with E2bln of the 5-month Nov 22, 2023 bubill and E4bln of the 11-month May 15, 2024 bubill of offer.
  • France will then come to the market with up to E6.5bln of BTFs on offer: E2.4-2.8bln of the new 13-week Sep 27, 2023 BTF, E1.4-1.8bln of the 20-week Nov 15, 2023 BTF, E0-0.4bln of the 30-week Jan 24, 2024 BTF and E1.1-1.5bln of the 50-week Jun 12, 2024 BTF.
  • On Tuesday, Austria will look to sell E1bln of the 4-month Oct 27, 2023 ATB and E1bln of the new 7-month Jan 25, 2024 ATB.
  • Greece will come to the market on Wednesday, with E375mln of the new 26-week Dec 29, 2023 GTB on offer.
  • Italy will then wrap up issuance for the week on Wednesday morning, reopening a 5-month 23 BOT. Auction sizes will be announced this evening.

For more on future auctions see the full MNI Eurozone/UK T-bill auction 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.