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Eurozone issuers will......>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: Eurozone issuers will sell E14.1bln in bills this
week, up a little from E12.3bln last week.
- ISSUANCE: On Monday, Germany sells E2bln of 6-month Dec 11, 2019 Bubill.
Monday afternoon, France sells up to E5bln in BTFs: E2.4-2.8bln of 3-month Oct
2, 2019 BTF, E0.7-1.1bln of 6-month Dec 18, 2019 BTF, and E0.7-1.1bln of
12-month Jun 17, 2020 BTF. On Tuesday, Spain sells 6-/12-month Letra, details
TBA. Also Tuesday, Belgium sells a combined E2.4-2.8bln of 3-month Nov 7, 2019
TC and 12-month Jul 9, 2020 TC. On Wednesday, Italy sells E6.5bln 12-month Jul
14, 2020 BOT. Later Wednesday, Greece sells E0.625bln 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 E13.7bln, vs positive E6.6bln last week.
** For full details, please see MNI Eurozone T-Bill auction calendar.

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