Eurozone and UK Government Debt Auction Calendar

By Tim Cooper

     LONDON, JUNE 7 (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

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

12 Jun   1030   Germany         E3bln            0.25% Bund Feb-29       Re-open

12 Jun   1030        UK     Stg0.7bln       0.125% Aug-48 I/L Gilt       Re-open

12 Jun   1030  Portugal  E1.0-1.25bln             1.95% Jun-29 PGB       Re-open

12 Jun   1030  Portugal            ""             2.25% Apr-34 PGB       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$]