Free Trial
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.
EUROZONE T-BILL ISSUANCE
Spain, Belgium, the ESM, Greece and Italy all still look to sell bills this week while Germany, the Netherlands and France came to the market yesterday. We look for issuance at first round operations of E29.4bln, up from E16.6bln this week.
- This morning, Spain will look to sell a combined E4.5-5.5bln of 6-month Sep 8, 2023 letras alongside new 12-month Mar 8, 2024 letras.
- Later this morning, Belgium will look to sell E2.6-3.0bln of 4/12-month TCs: an indicative E800mln of the Jul 13, 2022 TC and an indicative E2.0bln of the new Mar 7, 2024 TC.
- Finally today, the ESM will look to sell up to E1.1bln of new 3-month Jun 8, 2023 bills.
- Tomorrow, Greece will come to the market to sell E625mln of the new 52-week Mar 8, 2024 GTB.
- Italy will conclude Eurozone bill issuance on Friday with a new 12-month BOT on offer. The auction details will be announced later today and we pencil in E6bln.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok