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W/C February 5, 2024

EUROZONE T-BILL ISSUANCE

Italy is still due to sell bills this Friday, while Germany, the Netherlands, France, Spain, Belgium, the ESM and the EU came to the market already this week. We expect issuance to be E30.5bln in first round operations, up from E15.1bln last week.

  • Finally on Friday, Italy will look to sell E9bln of the new 12-month Feb 14, 2025 BOT.
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Italy is still due to sell bills this Friday, while Germany, the Netherlands, France, Spain, Belgium, the ESM and the EU came to the market already this week. We expect issuance to be E30.5bln in first round operations, up from E15.1bln last week.

  • Finally on Friday, Italy will look to sell E9bln of the new 12-month Feb 14, 2025 BOT.