Markets

Big four euro zone states auction debt next week

Published November 25, 2016 Updated November 25, 2016 05:08pm

LONDON: The euro zone's four largest economies -- Germany, France, Italy and Spain -- are all scheduled to sell debt at auction next week.

Italy will offer up to 6.25 billion euros of five- and 10-year fixed-rate bonds and two floating-rate notes maturing in 2024 and 2022 on Tuesday.

Germany on Wednesday is scheduled to sell 3 billion euros of 5-year debt.

Spain on Thursday will sell bonds maturing in 2019, 2021, 2026 and 2041.

France will sell up to 3.5 billion euros ($3.71 billion) of 15- and 25-year bonds at its monthly long-term bond auction on Thursday.

Copyright Reuters, 2016