Free Trial

W/C 7 November, 2022

EUROZONE T-BILL ISSUANCE

Spain, Belgium, Finland, the EU and Italy all still look to sell bills this week while Germany, the Netherlands and France sold bills yesterday. We look for issuance of E32.4bln in first round operations, up from E17.0bln last week.

  • This morning, Spain will look to sell letras for E4-5bln. On offer will be the 6-month May 12, 2023 letras and the new 12-month Nov 10, 2023 letras.
  • Belgium will then look to sell E2.8-3.2bln of TCs: an indicative E1.0bln of the 4-month Mar 9, 2023 TC and an indicative E2.0bln of the new 12-month Nov 9, 2023 TC.
  • Finland will conclude today's issuance with E1.25bln of the 6-month May 12, 2023 RFTB and E750mln of the 9-month Aug 14, 2023 RFTB on offer.
  • Tomorrow, the EU will look to sell up to E1.0bln of the 3-month Feb 3, 2023 EU-bill and up to E1.5bln of the new 6-month May 5, 2023 EU-bill.
  • Italy will conclude issuance for the week on Thursday, with E5.5bln of the new 12-month Nov 14, 2023 BOT on offer.

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.