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W/C May 15, 2023

EUROZONE T-BILL ISSUANCE

The EU looks to sell bills today while Germany, the Netherlands, France, Spain and the ESM have all sold bills already this week. We look for issuance at first round operations of E18.8bln, down from last week's E29.1bln.

  • The EU will conclude eurozone bill issuance for the week today. Up to E1bln of each of the 3-month Aug 4, 2023 EU-bill and the 6-month Nov 10, 2023 EU-bill will be on offer.

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The EU looks to sell bills today while Germany, the Netherlands, France, Spain and the ESM have all sold bills already this week. We look for issuance at first round operations of E18.8bln, down from last week's E29.1bln.

  • The EU will conclude eurozone bill issuance for the week today. Up to E1bln of each of the 3-month Aug 4, 2023 EU-bill and the 6-month Nov 10, 2023 EU-bill will be on offer.

Keep reading...Show less