Eurozone and UK Government Debt Auction Calendar

     LONDON, DEC 22TH (MNI) - Below are the known dates for auctions of European

bonds and U.K. gilts. In addition, forthcoming syndication deals in the pipeline

are also listed below, along with a summary of recent MNI exclusive comments

from EMU debt agencies.

            TIME

DATE         GMT   COUNTRY        AMOUNT                      DETAILS    COMMENT

--------------------------------------------------------------------------------

27 Dec      1020     Italy   E2.0-2.5bln                   CTZ Oct-19        Tap

28 Dec      1020     Italy   E1.5-2.0bln                 CCTeu Apr-25        Tap

28 Dec      1020     Italy   E2.0-2.5bln                   BTP Aug-22        Tap

28 Dec      1020     Italy   E1.0-1.5bln                   BTP Aug-27        Tap

28 Dec      1020     Italy   E0.5-1.0bln                   BTP Jun-27        Tap

                                                                          TBA 29

4 Jan       1055    France                                  Long term        Dec

9 Jan       1035        UK                            Gilt 1.25% 2028  TBA 2 Jan

11 Jan      1035        UK                            Gilt 1.75% 2037  TBA 2 Jan

15 Jan      1015  Slovakia

18 Jan      1035        UK                            Gilt 0.75% 2023  TBA 9 Jan

                                                                          TBA 12

18 Jan      1055    France                                medium term        Jan

                                                                          TBA 12

18 Jan      1155    France                                    linkers        Jan

                                                                          TBA 15

22 Jan             Belgium                                        OLO        Jan

                                                                          TBA 16

23 Jan      1035        UK                         Linker 0.125% 2026        Jan

15 Feb      1035        UK                            Gilt 1.75% 2037  TBA 6 Feb

21 Feb      1015  Slovakia

                                                                          TBA 13

22 Feb      1035        UK                         Linker 0.125% 2036        Feb

                                                                          TBA 20

1 Mar       1035        UK                            Gilt 0.75% 2023        Feb

                                                                          TBA 27

6 Mar       1035        UK                             Gilt 1.55 2047        Feb

15 Mar      1035        UK                                  22-Oct-28  New 6 Mar

                                                                          TBA 12

19 Mar             Belgium                                        OLO        Mar

21 Mar      1015  Slovakia

                                                                          TBA 20

27 Mar      1035        UK                         Linker 0.125% 2056        Mar

Below are other planned/possible syndicated deals in pipeline:

* UK doing issue an index-linked Gilt via syndication in Q1.

* Slovakian ARDAL intends to re-open 1 or 2 new lines via syndication in 2018.

New 10-12Y in Spring 2018. One new short to middle tenor in Autumn 2018. total

expected maximum amount to be sold via syndicated sale is E2.0bln

* Belgium to do a E3-5bln 15Y Green bond via syndication in Q1 and a new 10Y

benchmark (no indication whether this will be syndicated).

* Germany plan E147bln capital issuance in 2018. Also plan to issue between

E6bln to E10bln in Inflation linked securities. Plan E52bln in Schatz in 12

auctions. E35bln in Bobls in 10 auctions. E44bln in 10-yr Bunds over 14

auctions. E16bln in 30-yr Bunds over 11 auctions.

* The Italian Ministry of Economy and Finance announced that in Q1 of 2018 they

will issue a new 5Y, 7Y and 10Y BTPs and a new 2Y CTZ with maturities March

2023, May 2025, February 2028 and March 2020.

- The Finance Ministry also said new bonds, in addition to the above mentioned

ones, could be issued during the first quarter, according to market conditions.

- The Finance Ministry also plans to tap the following on-the-run bonds in Q1:

0.20% Oct-2020 BTP, 0.9% Aug-2022 BTP, 1.45% Nov-2024, 2.05% Aug-2027, Apr-2025

CCTeu and Oct-19 CTZ.

--MNI London Bureau; +44-203-586-2230; email: david.keeble@marketnews.com

[TOPICS: MTABLE,MNXAU$,M$E$$$,M$X$$$,M$$FI$]