Comprehensive coverage of sovereign debt issuance is available, offering a unified platform for tracking government bond auctions, treasury bill sales, and supra-national debt offerings. The calendar covers results of all U.S Treasury since 2001.
Country Coverage
Austria, Belgium, Canada, Cyprus, Czechia (Czech Republic), Egypt, European Union (EU)*, European Union (European Stability Mechanism “ESM”)*, European Union (European Financial Stability Facility “EFSF”)*, Finland, France, Germany, Ghana, Greece, Hungary, Ireland, Israel, Italy, Kazakhstan, Netherlands, Nigeria, Poland, Portugal, Romania, Slovenia, South Africa, Spain, Turkey, Ukraine, United Kingdom, United States.
Comprehensive Sovereign Debt Monitoring
Sovereign debt coverage is built on a robust foundation of historical and real-time data, initially covering the sovereign debt issuance of 12 national governments and 3 supra-national issuers. The covered entities include:
- Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Portugal, Slovenia, Spain, and the United Kingdom.
- European Financial Stability Facility, European Stability Mechanism, and the European Union.
- With annual sovereign debt issuance from this group averaging EUR 1.7 trillion, distributed across 300 bond auctions and 400 T-bill auctions.
Real-Time Sovereign Debt Auction Coverage
The addition of sovereign debt auctions from these 12 countries and 3 supra-national issuers allows subscribers to access a unified platform for monitoring sovereign debt issuance. Users can prepare, analyze, and compare data in real-time without time-specific data gaps. The live calendar coverage follows each debt offering through all auction stages, including:
- Initial indicative calendar entry
- Formal announcement.
- Auction results
- Post-auction bidding events
- Settlement
Historical Auction Database and Analytics
The searchable sovereign debt database enables users to track and analyze thousands of auctions over the past 5+ years, offering unparalleled insights into issuance trends, limits, and patterns.
- Flexible Search and Categorization: Users can filter data by ISIN, time, maturity range, country, or security type.
- Real-time updates: Issuance information comes directly from issuers as soon as it is available.
- Performance Calculations: Track outstanding issuance and calculate market impact across various debt instruments.
- Live Auction Integration: Any live auction data is automatically added to the database, allowing retrospective analysis of the entire auction event sequence.
Market Insights: Issuance Volume Trends
Sovereign debt issuance varies significantly across countries, reflecting economic conditions and policy decisions.
France (High Issuance) conducts approximately 120 T-bill auctions totalling EUR 360 billion and 94 bond auctions amounting to EUR 190 billion annually.
Greece (Low Issuance), due to prior defaults, primarily issues T-bills rather than bonds, with a smaller issuance volume of EUR 35 billion annually.
This disparity highlights the importance of a comprehensive, comparative approach to sovereign debt monitoring.