Free Trial

W/C February 26, 2024

EUROZONE T-BILL ISSUANCE

Germany, France, Austria, and Italy are due to sell bills this week. We expect issuance to be E20.1bln in first round operations, up from E17.5bln last week.

  • This morning, Germany will look to sell E2bln of the 5-month Jul 17, 2024 bubill and E3bln of the 11-month Jan 15, 2025 bubill.
  • This afternoon, France will look to issue E7.4bln of the 12/25/31/52 week BTFs: E2.8-3.2bln of the 12-week May 23, 2024 BTF, E1.3-1.7bln of the 25-week Aug 21, 2024 BTF, E0.1-0.5bln of the 31-week Oct 2, 2024 BTF, and E1.6-2.0bln of the new 52-week Feb 26, 2025 BTF.
  • Tomorrow morning, Austria will look to come to the market with E1.0bln of the 4-month Jul 25, 2024 ATB and E1.75bln of the 3-month May 23, 2024 Green ATB.
  • Also tomorrow morning, Italy will look to sell E2.5bln of the 6-month Sep 13, 2024 BOT and E2.5bln of the 7-month Oct 14, 2024 BOT.
164 words

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.

Germany, France, Austria, and Italy are due to sell bills this week. We expect issuance to be E20.1bln in first round operations, up from E17.5bln last week.

  • This morning, Germany will look to sell E2bln of the 5-month Jul 17, 2024 bubill and E3bln of the 11-month Jan 15, 2025 bubill.
  • This afternoon, France will look to issue E7.4bln of the 12/25/31/52 week BTFs: E2.8-3.2bln of the 12-week May 23, 2024 BTF, E1.3-1.7bln of the 25-week Aug 21, 2024 BTF, E0.1-0.5bln of the 31-week Oct 2, 2024 BTF, and E1.6-2.0bln of the new 52-week Feb 26, 2025 BTF.
  • Tomorrow morning, Austria will look to come to the market with E1.0bln of the 4-month Jul 25, 2024 ATB and E1.75bln of the 3-month May 23, 2024 Green ATB.
  • Also tomorrow morning, Italy will look to sell E2.5bln of the 6-month Sep 13, 2024 BOT and E2.5bln of the 7-month Oct 14, 2024 BOT.