Eurozone and UK Government Debt Auction Calendar

By Tim Cooper

     LONDON, MAY 21 (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

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

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.

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.

UK: The DMO is due to announce details of the gilts to be auctioned through

July-Sep at 7:30BST on May 31.

- The next DMO consultation meeting with investors and GEMMs will be held on

August 19.

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

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