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W/C Jan 30, 2022

EUROZONE T-BILL ISSUANCE

Greece and the EU both look to issue bills today while Germany, France and Belgium have already sold bills this week. We look for issuance of E15.9bln at first round operations, down from E18.9bln last week.

  • This morning, Greece will look to sell E625mln of the new 13-week May 5, 2023 GTB.
  • The EU will conclude issuance later today with E1.0bln of the 3-month May 5, 2023 EU-bill and E1.5bln of the new 6-month Aug 4, 2023 EU-bill on offer.

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