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W/C January 22, 2024

EUROZONE T-BILL ISSUANCE

Italy is still due to sell bills tomorrow, while Germany, France, Austria, the ESM, Greece and the EU have already come to the market this week. We expect issuance to be E23.2bln in first round operations, up from E18.0bln last week.

  • Tomorrow, Italy will conclude issuance for the week, selling E7.5bln of the new 6-month Jul 31, 2024 BOT.

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