Belgium's Debt.......>

BELGIUM T-BILL AUCTION PREVIEW: Belgium's Debt Agency re-open 3-month Nov 9,

2017 T-bill and 6-month Jan 11, 2018 T-bill for a combined total of between

E1.3-E1.7bln on Tuesday. 

- RV: Mid-yield on the Nov 9, 2017 BTC is seen trading at -0.62%, close to the

bottom end of its 1-month range of between -0.581% and -0.632%. As for the

6-month Jan 11, 2018 BTC, the mid-yield is at -0.621%, close to the top end of

its 1-month range of between -0.609% and -0.662%.

- HISTORY: For comparison at the last 3-month T-bill auction on Jul 11 the

Belgium Treasury allotted E565mln at average yield -0.589% and covered 2.42

times. For comparison at the last 6-month T-bill auction on Jul 4, E1.09bln was

allocated at an average yield of -0.636% and covered 1.76 times. 

- REDEMPTION: There is no T-bill redemption this week, therefore leaves net cash

flow positive to the tune of E1.7bln, which is seen weighing on demand.

- TIMING: Results are due to be announced around 0940GMT.