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W/C December 18, 2023

EUROZONE T-BILL ISSUANCE

Only France is due to sell bills this week. We expect issuance to be E3bln in first round operations, down from E21.1bln last week.

  • Today, France will look to sell up to E3.0bln of 12/23/49-week BTFs: E0.9-1.3bln of the 12-week Mar 13, 2024 BTF, E0.6-1.0bln of the new 23-week May 29, 2024 BTF and E0.3-0.7bln of the 49-week Nov 27, 2024 BTF.

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