Free Trial

Eurozone and UK Government Debt Auction Calendar

     LONDON, DEC 29TH (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
--------------------------------------------------------------------------------
4 Jan       1050    France                               Long term    TBA 29 Dec
9 Jan       1015   Austria                                             TBA 2 Jan
9 Jan       1030     Neths   E1.5-2.5bln                DSL Jan-24    Re-opening
9 Jan       1035        UK                         Gilt 1.25% 2028     TBA 2 Jan
10 Jan      1035   Germany         E5bln               Bund Feb-28           New
11 Jan      1015     Italy                                M/L term     TBA 8 Jan
11 Jan      1035        UK                         Gilt 1.75% 2037     TBA 2 Jan
15 Jan      1015  Slovakia
17 Jan      1035   Germany       E1.5bln         Bund 1.25% Aug-48    Re-opening
18 Jan      1035        UK                         Gilt 0.75% 2023     TBA 9 Jan
18 Jan      1055    France                             medium term    TBA 12 Jan
18 Jan      1155    France                                 linkers    TBA 12 Jan
22 Jan             Belgium                                     OLO    TBA 15 Jan
23 Jan      1035        UK                      Linker 0.125% 2026    TBA 16 Jan
23 Jan      1035   Germany       E5.0bln             BKO 0% Dec-19    Re-opening
26 Jan      1015     Italy                                     CTZ    TBA 23 Jan
26 Jan      1015     Italy                                  linker    TBA 23 Jan
30 Jan      1015     Italy                                M/L term    TBA 25 Jan
31 Jan      1035   Germany       E4.0bln                Obl Apr-23           New
6 Feb       1015   Austria                                            TBA 30 Jan
8 Feb       1035   Germany       E3.0bln               Bund Feb-28    Re-opening
13 Feb      1015     Italy                                M/L term     TBA 8 Feb
14 Feb      1035   Germany       E1.5bln          Bund 2.5% Jul-44    Re-opening
15 Feb      1035        UK                         Gilt 1.75% 2037     TBA 6 Feb
20 Feb      1035   Germany       E5.0bln                BKO Mar-20           New
21 Feb      1015  Slovakia
22 Feb      1035        UK                      Linker 0.125% 2036    TBA 13 Feb
23 Feb      1015     Italy                                     CTZ    TBA 20 Feb
23 Feb      1015     Italy                                 linkers    TBA 20 Feb
27 Feb      1015     Italy                                M/L term    TBA 22 Feb
28 Feb      1035   Germany       E3.0bln               Bund Feb-28    Re-opening
1 Mar       1035        UK                         Gilt 0.75% 2023    TBA 20 Feb
6 Mar       1015   Austria                                            TBA 27 Feb
6 Mar       1035        UK                          Gilt 1.55 2047    TBA 27 Feb
7 Mar       1035   Germany       E4.0bln                Obl Apr-23    Re-opening
13 Mar      1015     Italy                                M/L term     TBA 8 Mar
14 Mar      1035   Germany       E1.5bln         Bund 1.25% Aug-48    Re-opening
15 Mar      1035        UK                               22-Oct-28     New 6 Mar
19 Mar             Belgium                                     OLO    TBA 12 Mar
20 Mar      1035   Germany       E4.0bln             BKO 0% Mar-20    Re-opening
21 Mar      1015  Slovakia
21 Mar      1035   Germany       E3.0bln               Bund Feb-28    Re-opening
26 Mar      1015     Italy                                     CTZ    TBA 21 Mar
26 Mar      1015     Italy                                 linkers    TBA 21 Mar
27 Mar      1035        UK                      Linker 0.125% 2056    TBA 20 Mar
28 Mar      1015     Italy                                M/L term    TBA 23 Mar
Below are other planned/possible syndicated deals in pipeline:
* UK doing issue an index-linked Gilt via syndication in Q1.
* Netherlands to sell a new 10Y 15 Jul 2028 in Feb/Mar via DDA
* 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$]

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.