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W/C Feb 20, 2023

EUROZONE T-BILL ISSUANCE
MNI (London)

Italy looks to issue bills this morning while Germany, the Netherlands, France, Austria, the ESM and Greece have all come to the market already this week. We look for issuance of E22.3bln at first round operations, up from E15.7bln last week.

  • This morning, Italy will come to the market to hold its a 5/9-month BOT auction. It will reopen the 5-month Jul 31, 2023 BOT for E3bln alongside the 9-month Dec 14, 2023 BOT for E2bln.

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

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