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W/C August 28, 2023


Italy will look to sell bills today while Germany and France came to the market yesterday. We expect issuance at first round operations to be E17.2bln, a little higher than the E16.3bln last week.

  • This morning, Italy will look to re-open BOTs with 3/5-month residual maturities: E2.0bln of the 3-month Dec 14, 2023 BOT and E3.5bln of the 5-month Jan 31, 2024 BOT.

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