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W/C May 27, 2024

EUROZONE T-BILL ISSUANCE

Germany and France have already sold bills this week, while Greece and Italy are due to come to the market on Wednesday. We expect issuance to be E18.9bln in first round operations, up from E16.8bln this week.

  • On Wednesday, Greece will look to come to the market with E500mln of the new 26-week Nov 29, 2024 GTB.
  • Also on Wednesday, Italy will look to sell E6bln of the new 6-month Nov 29, 2024 BOT..

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

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