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W/C July 10, 2023

EUROZONE T-BILL ISSUANCE

Italy all due still sell today while Germany, France, Spain and Belgium have already come to the market this week. We look for E23.8bln of issuance in first round operations, broadly in line with the E23.5bln last week.

  • Italy will look to conclude Eurozone bill issuance for the week this morning with E8.0bln of the new 12-month Jul 12, 2024 BOT on offer - the largest single line BOT auction of the year.

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