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W/C July 1, 2024

EUROZONE T-BILL ISSUANCE

Greece and the EU are both due to sell bills today, while Germany, France, Spain, Belgium and the ESM have already come to the market this week. We expect issuance to be E21.7bln in first round operations this week, up from E18.2bln last week.

  • Today, Greece will issue E500mln of the new 13-week Oct 4, 2024 GTB.
  • Finally, the EU will conclude issuance for the week today with up to E1.5bln of the 3-month Oct 4, 2024 EU-bill and up to E1.5bln of the new 6-month Jan 10, 2025 EU-bill.

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

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