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W/C September 25, 2023

EUROZONE T-BILL ISSUANCE

Austria, Greece and Italy are all still due to sell bills this week while Germany and France came to the market yesterday. We expect issuance to be E21.1bln, up from E15.8bln last week.

  • This morning, Austria will look to sell E1bln of the 4-month Jan 25, 2024 ATB and E1bln of the new 7-month Apr 25, 2024 ATB.
  • Tomorrow, Greece will look to sell E625mln of the new 26-week Mar 29, 2024 GTB.
  • Finally tomorrow, Italy will look to sell E6.5bln of the new 6-month Mar 28, 2024 BOT.
For more on future auctions see the full MNI Eurozone/UK T-bill auction calendar.

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