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W/C Oct 3, 2022

EUROZONE T-BILL ISSUANCE

Greece and the EU are both due to issue bills today while the Netherlands, France, Spain, Belgium and the ESM have already come to the market this week. We look for total issuance from first round operations of E18.7bln, up from last week's E17.6bln.

  • This morning, Greece will look to sell E625mln of the new 26-week Jan 9, 2023 GTB.
  • The EU will conclude issuance for the week, also today, with up to E1.0bln of the 3-month Jan 6, 2023 EU-bill and up to E1.5bln of the new 6-month Apr 7, 2023 EU-bill on offer.

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