Free Trial

W/C November 20, 2023

EUROZONE T-BILL ISSUANCE

The EU is due to sell bills today while Germany, the Netherlands, France and the ESM have already come to the market this week. We expect issuance to be E16.5bln in first round operations, up from E14.5bln last week.

  • Today, the EU will look to sell up to E1.0bln of the 3-month Feb 9, 2024 EU-bill and up to E1.0bln of the 6-month May 10, 2024 EU-bill.
  • Note that Italy announced last night that it was cancelling its BOT auction scheduled for 27 December (it will still hold BOT auctions on 28 November and 12 December).

To read the full story

Close

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.