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Eurozone issuers sold......>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: Eurozone issuers sold E21.2bln in bills this week, up
from E12.3bln last week.
- RECAP: On Monday, Germany allotted E1.3bln of 6-month Dec 11, 2019 Bubill. On
Monday afternoon, France sold E5bln in BTFs: E2.8bln of 3-month Oct 2, 2019 BTF,
E1.1bln of 6-month Dec 18, 2019 BTF, and E1.1bln of 12-month Jun 17, 2020 BTF.
On Tuesday, Spain sold a combined E4.9bln of 6-month Jan 17, 2020 Letra and
12-month Jul 10, 2020 Letra. Also Tuesday, Belgium sold E2.6bln of 3-month Nov
7, 2019 TC and 12-month Jul 9, 2020 TC. On Wednesday, Italy sold E6.5bln
12-month Jul 14, 2020 BOT. Later Wednesday, Greece sold E0.813bln of 3-month Oct
11, 2020 bills.
- CASH FLOW: E27.7bln in redemptions, including France (E5.2bln), Belgium
(E7.1bln) and Spain (E7.9bln), marks the highest total since September 2018,
leaving cash flow at negative E6.5bln, vs positive E6.6bln last week.
** For full details, please see MNI Eurozone T-Bill auction calendar.

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