By Tim Cooper
LONDON, JUNE 5 (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
--------------------------------------------------------------------------------
06 Jun 0945 Spain E2.0-3.0bln 0.05% Oct-21 Bono Re-open
06 Jun 0945 Spain "" 0.25% Jul-24 Bono Re-open
06 Jun 0945 Spain E0.25-0.75bln 1.00% Nov-30 BonoEi Re-open
06 Jun 0950 France E7.5-9.0bln 2.75% Oct-27 OAT Re-open
06 Jun 0950 France "" 0.50% May-29 OAT Re-open
06 Jun 0950 France "" 1.25% May-36 OAT Re-open
06 Jun 0950 France "" 1.50% May-50 OAT Re-open
12 Jun 1030 Germany E3bln % Bund Feb-29 Re-open
12 Jun 1030 UK Stg0.7bln 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 E0.1bln 1.00% Jun-28 SLOVGB Re-open
17 Jun 1000 Slovakia E0.1bln 0.75% Apr-30 SLOVGB Re-open
17 Jun 1030 Belgium OLO auction
18 Jun 1030 UK Oct-49 Gilt New, Cpn 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
02 Jul 1030 UK Oct-29 Gilt New, Cpn TBA
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
16 Jul 1030 UK 1.75% Sep-37 Gilt Re-open
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
23 Jul 1030 UK Oct-29 Gilt Re-open
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
06 Aug 1030 UK Jun-25 Gilt Re-open
07 Aug 1030 Germany E4bln % Bobl Oct-24 Re-open
13 Aug 1000 Italy M/L BTP TBA Aug 8
13 Aug 1030 UK 1.75% Jan-49 Gilt Re-open
14 Aug 0945 Spain Bono/Obli
20 Aug 1030 UK 0.125% Aug-28 I/L Gilt Re-open
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
03 Sep 1030 UK Jun-25 Gilt Re-open
04 Sep 1030 Germany E4bln % Bobl Oct-24 Re-open
05 Sep 0945 Spain Bono/Obli
05 Sep 0950 France L/T OAT
05 Sep 1030 UK Oct-29 Gilt Re-open
24 Sep 1030 UK 0.125% Aug-48 I/L Gilt Re-open
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 next DMO consultation meeting with investors and GEMMs will be held on
August 19.
- The DMO intends to hold an I/L Gilt syndication with a maturity between
2040-2060 in the first half of July. We expect between 9-11 July.
- A syndication for a conventional gilt with maturity of at least 35 years will
be held in September.
--MNI London Bureau; +44 203 865 3807; email: tim.cooper@marketnews.com
[TOPICS: MTABLE,MNXAU$,M$E$$$,M$X$$$,M$$FI$]
