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W/C Mar 6, 2023

EUROZONE T-BILL ISSUANCE

Greece and Italy both still look to sell bills this week while Germany, the Netherlands, France, Spain, Belgium and the ESM have already come to the market this week. We look for issuance at first round operations of E29.9bln, up from E16.6bln this week.

  • This morning, 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 for E6.5bln.

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