EUROZONE T-BILL ISSUANCE: W/C 21 July

Jul-18 16:06

Germany, the Netherlands, France, Austria and Greece are due to sell bills next week. We expect issuance to be E17.3bln in first round operations, up from E14.7bln this week.

  • On Monday morning, Germany will look to sell E2bln of the 3-month Oct 15, 2025 Bubill and E3bln of the 9-month Apr 15, 2026 Bubill.
  • Also on Monday morning, the Netherlands will look to issue E1.0-2.0bln of the 2.5-month Sep 29, 2025 DTC and E0.5-1.5bln of the 3.5-month Oct 30, 2025 DTC.
  • On Monday afternoon, France will look to come to the market with up to E7.2bln of 14/21/25/51-week BTFs: E2.7-3.1bln of the new 14-week Oct 29, 2025 BTF, E0.1-0.5bln of the 21-week Dec 17, 2025 BTF, E1.2-1.6bln of the 25-week Jan 14, 2026 BTF and E1.6-2.0bln of the 51-week Jul 15, 2026 BTF.
  • On Tuesday morning, Austria will look to sell E1bln of the 3-month Oct 30, 2025 ATB and E1bln of the new 6-month Jan 29, 2026 ATB.
  • On Wednesday morning, Greece will look to issue E500mln of the new 26-week Jan 23,2026 GTB. 

Historical bullets

FED: US TSY TO SELL $76.000 BLN 13W BILL JUN 23, SETTLE JUN 26

Jun-18 16:05
  • US TSY TO SELL $76.000 BLN 13W BILL JUN 23, SETTLE JUN 26

FED: US TSY TO SELL $70.000 BLN 5Y NOTES JUN 25, SETTLE JUN 30

Jun-18 16:05
  • US TSY TO SELL $70.000 BLN 5Y NOTES JUN 25, SETTLE JUN 30

FED: US TSY TO SELL $69.000 BLN 2Y NOTES JUN 24, SETTLE JUN 30

Jun-18 16:05
  • US TSY TO SELL $69.000 BLN 2Y NOTES JUN 24, SETTLE JUN 30