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EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: France, Italy, Greece and Slovakia will issue T-bills
this week with supply estimated at E11.5bln compared to last week's E11.0bln
issuance.
- RECAP: Slovakia was the first to issue on Monday with a sale of a new 12-month
T-bill maturing on Jan 27, 2021 for E200mln. France then sold a combination of
3-/6-/12-month BTFs for a total of E4.29bln. Italy sold 6-month BOTs for E6.5bln
on Wednesday. Greece concluded issuance for the week with a E0.4875bln sale of
6-month bills.
- CASHFLOWS: There will be E17.7bln in redemptions which will leave net cash
flows at -E6.2bln for the week.
** For further details please see MNI Eurozone T-Bill Calendar

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