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EUROZONE T-BILL ISSUANCE: Eurozone T-bill issuance is expected to fall sharply
to E4.5bln next week versus E19.699bln issued this week, with only France
scheduled to come to the market.
- SUPPLY: On Monday afternoon France issue new 3-month Mar 21, 2018 BTF for
between E3.1-E3.5bln and tap 6-month May 9 2018 BTF for between E0.6-E1.0bln.
- REINVESTMENT FLOWS: T-bill redemptions next week are due from France E6.139bln
and Ireland E0.5bln, turning net cash flow negative to the tune of -E2.14bln vs
+E0.9bln this week.
** For full details of forthcoming issues, please see Eurozone T-bill auction