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W/C Mar 27, 2023

EUROZONE T-BILL ISSUANCE

Italy and Greece both look to sell bills today while Germany and France both came to the market Monday. We look for issuance at first round operations of E20.2bln, up from E16.9bln last week.

  • This morning, Italy will look to reopen the 3-month Jul 14, 2023 BOT for E2bln and launch the new 6-month Sep 29, 2023 BOT for E5bln.
  • Greece will conclude bill issuance for the week later today, with E625mln of the new 26-week Sep 29, 2023 GTB on offer.


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

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