Eurozone and UK Government Debt Auction Calendar

By Tim Cooper

     LONDON, MAY 28 (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

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

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

29 May    N/A  Portugal       E0.25bln             3-Yr Panda bond           New

30 May   1000     Italy  E0.50-0.75bln                Jan-25 CCTeu       Re-open

30 May   1000     Italy    E2.0-2.5bln            1.75% Jul-24 BTP       Re-open

30 May   1000     Italy             ""            2.00% Dec-25 BTP       Re-open

30 May   1000     Italy  E2.25-2.75bln            3.00% Aug-29 BTP       Re-open

04 Jun   1015   Austria       E1.38bln           0.50% Feb-29 RAGB       Re-open

04 Jun   1015   Austria             ""           2.40% May-34 RAGB       Re-open

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$]