Free Trial

W/C July 25, 2022

EUROZONE T-BILL ISSUANCE

Germany, France, Austria, Greece and Italy are all due to sell bills this week. We estimate issuance through first round operations to be E20.9bln, up from the E14.4bln sold last week.

  • Germany will kick off issuance for the week this morning with up to E3bln of each of the 5-month Dec 14, 2022 bubill and the 11-month Jun 21, 2023 bubill on offer.
  • This afternoon, France will look to sell up to E6.3bln of 13/20/50-week BTFs: E2.8-3.2bln of the new 13-week Oct 26, 2022 BTF, E0.9-1.3bln of the 20-week Dec 14, 2022 BTF and E1.4-1.8bln of the 50-week Jul 12, 2023 BTF
  • Tomorrow, Austria will look to sell E1bln of each of the 3-month Oct 20, 2022 ATB and the new 9-month Apr 27, 2023 ATB.
  • Wednesday will see Greece come to the market to issue E625mln of the new 26-week Jan 27, 2023 GTB.
  • Also Wednesday, Italy will look to sell E6bln of the new 6-month Jan 31, 2023 BOT.

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

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.