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W/C May 13, 2024

EUROZONE T-BILL ISSUANCE

Portugal is due to sell bills this week, while Germany, France, Spain and Finland have already come to the market this week. We expect issuance to be E15.5bln in first round operations, down from E30.8bln last week.

  • Finally tomorrow, Portugal will look to sell a combined E1.25-1.50bln of the new 6-month Nov 22, 2024 BT and the new 12-month May 16, 2025 BT.

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

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