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W/C 31 October, 2022

EUROZONE T-BILL ISSUANCE

Greece and the ESM are both due to sell bills today while Germany, the Netherlands, France and Belgium have already sold bills this week. We look for an estimated E17.0bln to be raised in first round operations, down from E18.2bln last week.

  • This morning, Greece will look to sell E625mln of the new 13-week Feb 3, 2023 GTB.
  • The ESM will conclude Eurozone bill issuance for the week, also today, with new 3-month Deb 9, 2023 bills on offer for up to E1.1bln.

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