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W/C April 29, 2024

EUROZONE T-BILL ISSUANCE
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets

Germany, France, Greece, and Belgium are due to sell bills next week. We expect issuance to be E12.8bln in first round operations, down from E20.7bln this week.

  • On Monday morning, Germany will look to sell E2bln of the 3-month Aug 21, 2024 bubill and E2bln of the 9-month Feb 19, 2025 bubill.
  • On Monday afternoon, France will look to issue up to E7.2bln of the 13/24/39/51-weeks BTFs: E2.9-3.3bln of the new 13-week Jul 31, 2024 BTF, E1.2-1.6bln of the 24-week Oct 16, 2024 BTF, E0.2-0.6bln of the 39-week Jan 29, 2025 BTF and E1.3-1.7bln of the 51-week Apr 24, 2025 BTF.
  • On Tuesday, Greece will look to come to the market with E625mln of the new 13-week Aug 2, 2024 GTB on offer.
  • Also on Tuesday, Belgium will look to sell an indicative E1.0bln (E0.8-1.2bln range) of the 6.5 month Nov 7, 2024 TC.

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

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Germany, France, Greece, and Belgium are due to sell bills next week. We expect issuance to be E12.8bln in first round operations, down from E20.7bln this week.

  • On Monday morning, Germany will look to sell E2bln of the 3-month Aug 21, 2024 bubill and E2bln of the 9-month Feb 19, 2025 bubill.
  • On Monday afternoon, France will look to issue up to E7.2bln of the 13/24/39/51-weeks BTFs: E2.9-3.3bln of the new 13-week Jul 31, 2024 BTF, E1.2-1.6bln of the 24-week Oct 16, 2024 BTF, E0.2-0.6bln of the 39-week Jan 29, 2025 BTF and E1.3-1.7bln of the 51-week Apr 24, 2025 BTF.
  • On Tuesday, Greece will look to come to the market with E625mln of the new 13-week Aug 2, 2024 GTB on offer.
  • Also on Tuesday, Belgium will look to sell an indicative E1.0bln (E0.8-1.2bln range) of the 6.5 month Nov 7, 2024 TC.

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