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W/C April 10, 2023

EUROZONE T-BILL ISSUANCE

Italy looks to sell BOTs today while Spain, Belgium, Finland and France all came to the market yesterday. We look for E23.5bln of issuance at first round operations, up from E19.5bln last week.

  • Italy will conclude the week's issuance this morning by reopening E2.0bln of the 4-month Aug 14, 2023 BOT and launching for E6.5bln the new 12-month Apr 12, 2024 BOT.

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