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W/C July 22, 2024

EUROZONE T-BILL ISSUANCE

Greece and Italy are both still due to sell bills this week while Germany, France and Austria have already come to the market. We expect issuance to be E21.3bln in first round operations, up from E18.2bln last week.

  • This morning, Greece will come to the market to sell E500mln of the new 26-week Jan 24, 2025 GTB.
  • Finally, on Friday Italy will look to issue E6bln of the new 6-month Jan 31, 2025 BOT.

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

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