Free Trial

W/C April 22, 2024

EUROZONE T-BILL ISSUANCE

Germany, France, Austria, Greece, and Italy are due to sell bills this week. We expect issuance to be E20.7bln in first round operations, down from E22.0bln last week.

  • This morning, Germany will look to sell E2bln of the 5-month Sep 18, 2024 bubill and E3bln of the 11-month Mar 19, 2025 bubill.
  • This afternoon, France will come to the market to sell up to E7.1bln of 12/25/52-week BTFs: E2.9-3.3bln of the 12-week Jul 17, 2024 BTF, E1.4-1.8bln of the 25-week Oct 16, 2024 BTF and E1.6-2.0bln of the new 52-week Apr 24, 2025 BTF.
  • Tomorrow, Austria will look to issue E1bln of the 3-month Jul 25, 2024 ATB and E1bln of the 6-month Oct 31, 2024 ATB.
  • On Wednesday, Greece will look to come to the market with E625mln of the new 26-week Oct 25, 2024 GTB.
  • Also on Wednesday, Italy will look to sell a BOT with details to be confirmed later today.

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

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.