The Austrian Treasury has today slightly revised its 2021 Funding Outlook. Reason is the adoption of a budgetary amendment in the Austrian Parliament on May 19, 2021.
The funding outlook 2021 (which was published on December 14, 2020) was revised as follows:
- Total issuance 2021 (all instruments): 65-70 bn EUR (vs. previous estimate of around 65 bn EUR)
- thereof Republic of Austria Government Bonds (RAGB) issuance 2021: around 45 bn EUR (vs. previous estimate of minimum 40 bn EUR)
- T-Bills outstanding as of end-2021: minimum 20 bn EUR (unchanged vs. previous estimate)
The Austrian Treasury will continue to monitor the situation and will give further updates on the funding outlook 2021 if needed.