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Eurozone and UK Government Debt Auction Calendar

     LONDON, DECEMBER 31 (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
--------------------------------------------------------------------------------
7 Jan    1015      Austria                                TBA Jan 2
7 Jan    1030           UK     Stg2.75bln        0.875% Oct-29 Gilt
8 Jan    1030      Germany          E5bln            0% Feb-30 Bund          New
9 Jan    0945        Spain                                Bono/Obli
9 Jan    0950       France                                  L/T OAT
9 Jan    1030           UK        Stg1bln    0.125% Aug-28 I/L Gilt
13 Jan*           ESM/EFSF                                      TBC    13-17 Jan
14 Jan   1000        Italy                            M/T & L/T BTP
14 Jan   1030           UK                       0.625% Jun-25 Gilt
14 Jan   1035  Netherlands  E0.75-1.25bln     0.5% Jan-41 Green DSL
15 Jan   1030      Germany        E1.5bln            0% Aug-50 Bund
20 Jan   1015     Slovakia                                   SlovGB
20 Jan   1100      Belgium                                      OLO
21 Jan   1030           UK                              Oct-41 Gilt          New
21 Jan   1030      Germany          E4bln          0% Dec-21 Schatz
23 Jan   0945        Spain                                Bono/Obli
23 Jan   0950       France                            M/T & I/L OAT
28 Jan   1000        Italy                                CTZ/BTPei
29 Jan   1030      Germany          E4bln            0% Apr-25 Bobl          New
30 Jan   1000        Italy                            M/T & L/T BTP
4 Feb    1015      Austria                               TBA Jan 28
4 Feb    1030           UK                   0.125% Nov-36 I/L Gilt
6 Feb    0945        Spain                                Bono/Obli
6 Feb    0950       France                                  L/T OAT
10 Feb*           ESM/EFSF                                      TBC    10-14 Feb
11 Feb   1035  Netherlands                                 Date TBC
12 Feb   1030      Germany          E4bln            0% Feb-30 Bund
13 Feb   1000        Italy                            M/T & L/T BTP
17 Feb   1015     Slovakia                                   SlovGB
18 Feb   1030      Germany          E5bln          0% Mar-22 Schatz          New
19 Feb   1030      Germany        E1.5bln         1.25% Aug-48 Bund
20 Feb   0945        Spain                                Bono/Olbi
20 Feb   0950       France                            M/T & I/L OAT
24 Feb*           ESM/EFSF                                      TBC    24-28 Feb
25 Feb   1000        Italy                                CTZ/BTPei
25 Feb   1030           UK                       0.875% Oct-29 Gilt
25 Feb   1035  Netherlands                                 Date TBC
26 Feb   1030      Germany          E4bln            0% Apr-25 Bobl
27 Feb   1000                                         M/T & L/T BTP
3 Mar    1015      Austria                               TBA Feb 25
4 Mar    1030           UK                       0.625% Jun-25 Gilt
5 Mar    0950       France                                  L/T OAT
9 Mar*            ESM/EFSF                                      TBC     9-13 Mar
10 Mar   1035  Netherlands                                 Date TBC
11 Mar   1030      Germany          E4bln            0% Feb-30 Bund
12 Mar   1000                                         M/T & L/T BTP
12 Mar   1030           UK                   0.125% Aug-48 I/L Gilt
16 Mar   1015     Slovakia                                   SlovGB
17 Mar   1030           UK                        1.75% Jan-49 Gilt
18 Mar   1030      Germany        E1.5bln            0% Aug-50 Bund
19 Mar   0950       France                            M/T & I/L OAT
23 Mar            ESM/EFSF                                      TBC    23-27 Mar
23 Mar   1100      Belgium                                      OLO
24 Mar   1030      Germany          E4bln          0% Mar-22 Schatz
24 Mar   1035  Netherlands                                 Date TBC
26 Mar   1000        Italy                                CTZ/BTPei
31 Mar   1000        Italy                            M/T & L/T BTP
1 Apr    1030      Germany          E3bln            0% Apr-25 Bobl
2 Apr    0950       France                                  L/T OAT
7 Apr    1015      Austria                               TBA Mar 31
8 Apr    1030      Germany          E3bln            0% Feb-30 Bund
9 Apr    1000        Italy                            M/T & L/T BTP
15 Apr   1030      Germany          E1bln          2.5% Jul-44 Bund
16 Apr   0950       France                            M/T & I/L OAT
20 Apr   1015     Slovakia                                   SlovGB
20 Apr   1100      Belgium                                      OLO
21 Apr   1030      Germany          E3bln          0% Mar-22 Schatz
24 Apr   1000        Italy                                CTZ/BTPei
29 Apr   1000        Italy                            M/T & L/T BTP
29 Apr   1030      Germany          E3bln            0% Feb-30 Bund
5 May    1015      Austria                               TBA Apr 28
6 May    1030      Germany          E3bln            0% Apr-25 Bobl
7 May    0950       France                                  L/T OAT
13 May   1000        Italy                            M/T & L/T BTP
13 May   1030      Germany        E1.5bln            0% Aug-50 Bund
18 May   1015     Slovakia                                   SlovGB
20 May   0950       France                            M/T & I/L OAT
20 May   1030      Germany          E3bln            0% Feb-30 Bund
26 May   1000        Italy                                CTZ/BTPei
26 May   1030      Germany          E5bln          0% Jun-22 Schatz          New
29 May   1000        Italy                            M/T & L/T BTP
2 Jun    1015      Austria                               TBA May 26
3 Jun    1030      Germany          E3bln            0% Apr-25 Bobl
4 Jun    0950       France                                  L/T OAT
10 Jun   1030      Germany          E1bln         1.25% Aug-48 Bund
11 Jun   1000        Italy                            M/T & L/T BTP
15 Jun   1015     Slovakia                                   SlovGB
17 Jun   1030      Germany          E5bln               Aug-30 Bund          New
18 Jun   0950       France                            M/T & I/L OAT
22 Jun   1100      Belgium                                      OLO
23 Jun   1030      Germany          E4bln          0% Jun-22 Schatz
25 Jun   1000        Italy                                CTZ/BTPei
30 Jun   1000        Italy                            M/T & L/T BTP
2 Jul    0950       France                                  L/T OAT
7 Jul    1015      Austria                               TBA Jun 30
8 Jul    1030      Germany          E4bln               Oct-25 Bobl          New
14 Jul   1000        Italy                            M/T & L/T BTP
15 Jul   1030      Germany          E4bln               Aug-30 Bund
16 Jul   0950       France                            M/T & I/L OAT
                                                                         Reserve
20 Jul   1015     Slovakia                                   SlovGB         date
21 Jul   1030      Germany          E4bln          0% Jun-22 Schatz
22 Jul   1030      Germany        E1.5bln            0% Aug-50 Bund
27 Jul   1100      Belgium                                      OLO
28 Jul   1000        Italy                                CTZ/BTPei
30 Jul   1000        Italy                            M/T & L/T BTP
                                                                         Reserve
4 Aug    1015      Austria                               TBA Jul 28         date
5 Aug    1030      Germany          E3bln               Oct-25 Bobl
                                                                        Optional
6 Aug    0950       France                                      OAT         date
12 Aug   1030      Germany          E4bln               Aug-30 Bund
13 Aug   1000        Italy                            M/T & L/T BTP
                                                                         Reserve
17 Aug   1015     Slovakia                                   SlovGB         date
19 Aug   1030      Germany          E1bln         1.25% Aug-48 Bund
25 Aug   1030      Germany          E5bln          0% Sep-22 Schatz          New
26 Aug   1000        Italy                                CTZ/BTPei
28 Aug   1000        Italy                            M/T & L/T BTP
     ESM/EFSF: Planned combined funding of E30.5bln in 2020 with E10.0bln in Q1.
     ITALY: During the fourth quarter the following securities will be issued:
3y BTP (0.05%15/01/2023), New 3y BTP (15/06/2023, min final outstanding E9bln),
5y BTP (0.35% 01/02/2025), 7y BTP (0.85% 15/01/2027), 10y BTP (1.35%
01/04/2030), New 10y BTP (01/08/2023, min final outstanding E9bln), CTZ
29/11/2021. CCTeu/BTPEi will continue to be issued as normal.
     NETHERLANDS: DSTA plan a total of two auctions in Feb and Mar. It plans to
issue a new 10-year DSL with maturity 15 July 2030 and possibly also re-open an
off-the-run DSL.
UK: A syndication of a long-dated conventional gilt is planned for February.
--MNI London Bureau; +44 203 865 3806; email: tim.davis@marketnews.com
[TOPICS: MTABLE,MNXAU$,M$E$$$,M$X$$$,M$$FI$]

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