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Eurozone and UK Government T-bill Auction Calendar

By Michael Chrysostomou
     LONDON, JANUARY 31ST (MNI) - Below are the known dates for auctions of
Eurozone and U.K. T-bills until the end of March 2018.
        TIME
DATE     GMT      COUNTRY         AMOUNT      TERM  MATURITY DATE     COMMENT
-----------------------------------------------------------------------------
31 Jan  1010       Greece        E625mln   26-week    Aug 3, 2018         New
02 Feb  1105           UK      Stg500mln   1-month    Mar 5, 2018         Tap
02 Feb  1105           UK      Stg500mln   3-month    May 8, 2018         Tap
02 Feb  1105           UK      Stg2.0bln   6-month    Aug 6, 2018         New
05 Feb  1040  Netherlands                  6-month  July 31, 2018         New
05 Feb  1355       France                                           TBA Feb 2
06 Feb  1035      Belgium                  3-month   Jun 16, 2018     Re-open
06 Feb  1035      Belgium                 12-month   Jan 10, 2019         Tap
06 Feb  1130          ESM                  3-month                  TBA Feb 2
07 Feb  1010       Greece        E875mln   13-week                  TBA Feb 2
09 Feb  1105           UK                  1-month                  TBA Feb 2
09 Feb  1105           UK                  3-month                  TBA Feb 2
09 Feb  1105           UK                  6-month                  TBA Feb 2
12 Feb  1030      Germany        E3.0bln   6-month   Aug 15, 2018         New
12 Feb  1005        Italy                 12-month   Feb 14, 2019   TBA Feb 7
12 Feb  1355       France                                           TBA Feb 9
13 Feb  0940        Spain                  6-month   Aug 17, 2018     Re-open
13 Feb  0940        Spain                 12-month   Feb 15, 2019         New
16 Feb  1105           UK                  1-month                  TBA Feb 9
16 Feb  1105           UK                  3-month                  TBA Feb 9
16 Feb  1105           UK                  6-month                  TBA Feb 9
19 Feb  1040  Netherlands                  3-month   Apr 30, 2018     Re-open
19 Feb  1040  Netherlands                  6-month  July 31, 2018     Re-open
19 Feb  1355       France                                          TBA Feb 16
20 Feb  0940        Spain                  3-month   May 11, 2018     Re-open
20 Feb  0940        Spain                  9-month   Nov 16, 2018     Re-open
20 Feb  1130          ESM                  6-month                 TBA Feb 16
21 Feb  1035     Portugal  E1.0-E1.25bln   3-month   May 18, 2018     Re-open
21 Feb  1035     Portugal              "  11-month   Jan 18, 2019     Re-open
23 Feb  1105           UK                  1-month                 TBA Feb 16
23 Feb  1105           UK                  3-month                 TBA Feb 16
23 Feb  1105           UK                  6-month                 TBA Feb 16
26 Feb  1005        Italy                  6-month   Aug 31, 2018  TBA Feb 21
26 Feb  1355       France                                          TBA Feb 23
27 Feb  1035      Belgium                  5-month   Jul 11, 2018     Re-open
27 Feb  1035      Belgium                  7-month   Sep 13, 2018     Re-open
02 Mar  1105           UK                  1-month                 TBA Feb 23
02 Mar  1105           UK                  3-month                 TBA Feb 23
02 Mar  1105           UK                  6-month                 TBA Feb 23
05 Mar  1040  Netherlands                  6-month   Aug 31, 2018         New
05 Mar  1355       France                                           TBA Mar 2
06 Mar  0940        Spain                  6-month   Sep 14, 2018     Re-open
06 Mar  0940        Spain                 12-month    Mar 8, 2019         New
06 Mar  1035      Belgium                  4-month   Jul 12, 2018     Re-open
06 Mar  1130          ESM                  3-month                  TBA Mar 2
09 Mar  1105           UK                  1-month                  TBA Mar 2
09 Mar  1105           UK                  3-month                  TBA Mar 2
09 Mar  1105           UK                  6-month                  TBA Mar 2
12 Mar  1005        Italy                 12-month   Mar 14, 2019   TBA Mar 7
12 Mar  1030      Germany        E2.0bln   5-month   Aug 15, 2018         Tap
12 Mar  1355       France                                           TBA Mar 9
13 Mar  0940        Spain                  3-month   Jun 15, 2018     Re-open
13 Mar  0940        Spain                  9-month    Dec 7, 2018     Re-open
15 Mar  1035      Ireland                                          TBA Mar 12
16 Mar  1105           UK                  1-month                  TBA Mar 9
16 Mar  1105           UK                  3-month                  TBA Mar 9
16 Mar  1105           UK                  6-month                  TBA Mar 9
19 Mar  1040  Netherlands                  3-month   May 31, 2018     Re-open
19 Mar  1040  Netherlands                  6-month   Aug 31, 2018     Re-open
19 Mar  1355       France                                          TBA Mar 16
20 Mar  1130          ESM                  6-month                 TBA Mar 16
21 Mar  1035     Portugal  E1.25-E1.5bln   6-month   Sep 21, 2018     Re-open
21 Mar  1035     Portugal              "  12-month   Mar 22, 2019         New
23 Mar  1105           UK                  1-month                 TBA Mar 16
23 Mar  1105           UK                  3-month                 TBA Mar 16
23 Mar  1105           UK                  6-month                 TBA Mar 16
26 Mar  1355       France                                          TBA Mar 23
27 Mar  0905        Italy                  6-month   Sep 28, 2018  TBA Mar 22
29 Mar  1005           UK                  1-month                 TBA Mar 23
29 Mar  1005           UK                  3-month                 TBA Mar 23
29 Mar  1005           UK                  6-month                 TBA Mar 23
     * In its update 2019 financing update France's Agency France Tresor (AFT)
said the number of BTF's outstanding will remain stable 
     * Italy finance ministry said that 3-month Bills will only be issued for
specific cash needs and would be held on the 12-month BOT auction dates.
Furthermore "flexible" Bills may also be issued.
     * Netherland's Dutch State Treasury Agency (DSTA) estimate on the money
market will average between E24.4bln and E29.4bln to be funded mainly through
Treasury Certificates (DTCs) and Commercial Paper (CP).
     * Belgium plan to decrease net short term debt by E1bln in 2018, with the
volume of T-bills outstanding expected to remain at E25.3bln.
     * Portugal says in 2018 issuance of BT should have no impact in net
financing. The strategy of issuing along the full curve will be maintained
combining a short-term Bill with a longer tenor.
--MNI London Bureau; tel: +44 203-586-2228; email: michael.chrysostomou@marketnews.com

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