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Eurozone and UK Government T-bill Auction Calendar

By Tim Cooper
     LONDON, OCTOBER 12 (MNI) - Below are the known dates for auctions of
Eurozone and U.K. T-bills until the end of Nov 2018.
        TIME
DATE     GMT      COUNTRY       AMOUNT          TERM  MATURITY DATE     COMMENT
-------------------------------------------------------------------------------
15 Oct  0930  Netherlands  E1.0-2.0bln       3-month   Jan 31, 2019     Re-open
15 Oct  0930  Netherlands  E1.0-2.0bln       6-month   Mar 29, 2019     Re-open
15 Oct  1255       France  E2.4-2.8bln       3-month    Jan 9, 2019     Re-open
15 Oct  1255       France  E0.8-1.2bln       6-month   Mar 13, 2019     Re-open
15 Oct  1255       France  E0.7-1.1bln      12-month    Oct 9, 2019         New
16 Oct  0840        Spain          TBA       3-month   Jan 18, 2019     Re-open
16 Oct  0840        Spain          TBA       9-month   Jul 12, 2019     Re-open
16 Oct  1030          ESM      E2.0bln       6-month   Apr 18, 2019         New
19 Oct  1000           UK
22 Oct  1255       France               3/6/12-month                 TBA Oct 19
26 Oct  1000           UK
29 Oct  1005        Italy                    6-month                 TBA Oct 24
29 Oct  1355       France               3/6/12-month                 TBA Oct 26
30 Oct  1035      Belgium                    3-month    Mar 7, 2019     Re-open
30 Oct  1035      Belgium                    6-month    May 9, 2019     Re-open
02 Nov  1000           UK
05 Nov  1355       France               3/6/12-month                  TBA Nov 2
05 Nov  0910  Netherlands   TBA Oct 31       6-month   Apr 30, 2019         New
06 Nov  1035      Belgium                    3-month    Mar 7, 2019     Re-open
06 Nov  1035      Belgium                   12-month    Nov 7, 2019         New
06 Nov  1030          ESM                    3-month
09 Nov  1000           UK
12 Nov  1005        Italy                   12-month                  TBA Nov 7
12 Nov  1355       France               3/6/12-month                  TBA Nov 9
13 Nov  0940        Spain                    6-month   May 10, 2019     Re-open
13 Nov  0940        Spain                   12-month   Nov 15, 2019         New
16 Nov  1000           UK
19 Nov  1355       France               3/6/12-month                 TBA Nov 16
19 Nov  0910  Netherlands   TBA 14 Nov       6-month   Apr 30, 2019     Re-open
20 Nov  0940        Spain                    3-month   Feb 15, 2019     Re-open
20 Nov  0940        Spain                    9-month   Aug 16, 2019     Re-open
20 Nov  1030          ESM                    6-month
23 Nov  1000           UK
26 Nov  1355       France               3/6/12-month                 TBA Nov 23
28 Nov  1005        Italy                    6-month                 TBA Nov 23
30 Nov  1000           UK
04 Dec  1030          ESM                    3-month
     * 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; +44 203 865 3807; email: tim.cooper@marketnews.com

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