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France, Italy and..........>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: France, Italy and Slovakia will issue T-bills this
week. We estimate supply of E10.7bln compared to E12.8bln last week.
- ISSUANCE: On Monday Slovakia auctioned 11-month bills for E0.2bln and France
sold a combination of 3-/6-/9-/12-month BTFs for a combined E4.188bln, the very
top end of the E2.6-4.2bln range. Today, Italy will sell E6.0bln 6-month BOTs. 
- CASH FLOWS: There will be E17.7bln in redemptions which will leave cash flows
at E-7.0bln for the week.
** For further details please see MNI Eurozone T-Bill Calendar

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