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EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: Belgium comes to the Eurozone sovereign t-bill
issuance market Tuesday with re-opening of Nov 8, 2018 T-bill for between
E1.1-E1.5bln. Overall T-bill issuance is expected to total E6.7bln compared to
E12.78bln last week
- SUPPLY: Still to come this week, on Wednesday Greece launch a new 26-week Feb
1, 2019 T-bill for E625mln.
- RECAP: To recap issuance so far this week, on Monday France issued new 3-month
BTF for E2.796bln, tapped 6-month BTF for E998mln and tapped 12-month BTF for
E998mln.
- REINVESTMENT FLOWS: T-bill redemptions this week are due from France
E7.636bln, Italy 6.5bln, Netherlands E3.81bln and Greece E1.0bln turning net
cash flow negative to the tune of E12.2bln vs +E5.59bln last week.
** For full details of forthcoming issues, please see Eurozone T-bill auction
calendar

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