Eurozone and UK Government Debt Auction Calendar

By Tim Cooper

     LONDON, MAY 20 (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     (UK)      COUNTRY       AMOUNT                    DETAILS       COMMENT

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

21 May   0900  Netherlands      E4-6bln    0.50% Jan-40 Green Bond           New

22 May   1030      Germany        E3bln          0.25% Bund Feb-29       Re-open

23 May   0945        Spain  E3.5-4.5bln          0.25% Jul-24 Bono       Re-open

23 May   0945        Spain           ""          1.45% Apr-29 Obli       Re-open

23 May   0945        Spain           ""          1.85% Jul-35 Obli       Re-open

23 May   1030           UK   Stg1.25bln     0.125% Aug-28 I/L Gilt       Re-open

28 May   1000        Italy                               CTZ/BTPEi    TBA May 23

28 May   1030      Germany        E5bln            % Schatz Jun-21           New

29 May   1030      Germany        E3bln              % Bobl Apr-24       Re-open

30 May   1000        Italy                                 M/L BTP    TBA May 27

04 Jun   1015      Austria                            RAGB auction

04 Jun   1030      Germany                          Bundei auction

04 Jun   1030           UK                       1.00% Apr-24 Gilt       Re-open

06 Jun   0945        Spain                               Bono/Obli

06 Jun   0950       France                                 L/T OAT

12 Jun   1030      Germany        E3bln              % Bund Feb-29       Re-open

12 Jun   1030           UK                  0.125% Aug-48 I/L Gilt       Re-open

13 Jun   1000        Italy                                 M/L BTP   TBA June 10

13 Jun   1000      Ireland                                     IGB   TBA June 10

17 Jun   1000     Slovakia                          SLOVGB auction

17 Jun   1030      Belgium                             OLO auction

18 Jun   1030           UK                               2049 Gilt      New, TBA

19 Jun   1030      Germany        E1bln          2.50% Bund Aug-46       Re-open

20 Jun   0945        Spain                               Bono/Obli

20 Jun   0950       France                                 M/T OAT

20 Jun   1050       France                                 I/L OAT

25 Jun   1000        Italy                               CTZ/BTPEi    TBA Jun 20

25 Jun   1030      Germany        E5bln            % Schatz Jun-21       Re-open

25 Jun   1030           UK                       1.75% Jan-49 Gilt       Re-open

27 Jun   1000        Italy                                 M/L BTP    TBA Jun 24

03 Jul   1030      Germany        E4bln              % Bobl Oct-24           New

04 Jul   0945        Spain                               Bono/Obli

04 Jul   0950       France                                 L/T OAT

09 Jul   1015      Austria                            RAGB auction

09 Jul   1030      Germany                                  Bundei

10 Jul   1030      Germany        E4bln              % Bund Aug-29           New

11 Jul   1000        Italy                                 M/L BTP     TBA Jul 8

17 Jul   1030      Germany        E1bln              % Bund Aug-48       Re-open

18 Jul   0945        Spain                               Bono/Obli

18 Jul   0950       France                                 M/T OAT

18 Jul   1050       France                                 I/L OAT

22 Jul   1030      Belgium                             OLO auction

26 Jul   1000        Italy                               CTZ/BTPEi    TBA Jul 23

30 Jul   1000        Italy                                 M/L BTP    TBA Jul 25

30 Jul   1030      Germany        E4bln            % Schatz Jun-21       Re-open

31 Jul   1030      Germany        E3bln              % Bund Aug-29       Re-open

01 Aug   0945        Spain                               Bono/Obli

01 Aug   0950       France                       M/T, I/L, L/T OAT      Optional

06 Aug   1015      Austria                            RAGB auction       Reserve

07 Aug   1030      Germany        E4bln              % Bobl Oct-24       Re-open

13 Aug   1000        Italy                                 M/L BTP     TBA Aug 8

14 Aug   0945        Spain                               Bono/Obli

21 Aug   1030      Germany        E2bln              % Bund Aug-50           New

27 Aug   1000        Italy                               CTZ/BTPEi    TBA Aug 22

27 Aug   1030      Germany        E5bln            % Schatz Sep-21           New

29 Aug   1000        Italy                                 M/L BTP    TBA Aug 26

03 Sep   1015      Austria                            RAGB auction

04 Sep   1030      Germany        E4bln              % Bobl Oct-24       Re-open

05 Sep   0945        Spain                               Bono/Obli

05 Sep   0950       France                                 L/T OAT

     ESM / EFSF: Q2 long-term funding targets are a combined E6.5bln. That

follows E9.5bln in Q1.

- The EFSF scheduled funding target for the second quarter of 2019 is E4.0bln.

- The ESM scheduled funding target for the second quarter of 2019 is E2.5bln.

- Q3 expected E6.0bln, Q4 expected 10.5bln.

NETHERLANDS: The Dutch state is to issue a Green bond in May, with maturity >=

15 years and target volume of E4-6bln. Announcement day is April 8.

FINLAND: The State Treasury does not publish a calendar of auctions. Information

on upcoming bond auctions is announced approximately one week before the auction

date.

--MNI London Bureau; +44 203 865 3807; email: tim.cooper@marketnews.com

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