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France, Spain, Belgium,....>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: France, Spain, Belgium, Italy and Greece are all due
to come to the market this week. We have revised our supply estimate for the
week to E16.1bln (from an initial estimate of E18.7bln) versus E16.0bln last
week.
- RECAP: France sold E4.891bln of 3-/5-/12-month BTFs on Monday. On Tuesday
Spain sold a combined E1.52bln of 3-month and 9-month letras. Belgium followed
with a E2.93bln sale of TCs.
- ISSUANCE: On Wednesday Italy and Greece round off issuance for the week. Italy
are selling 12-month BOTs for E6.5bln while Greece are selling E375mlb of
52-week bills.
** For further details please see MNI Eurozone T-Bill Calendar
MNI London Bureau | +44 0203-865-3808 | bruce.jeffery@marketnews.com
MNI London Bureau | +44 0203-865-3808 | bruce.jeffery@marketnews.com

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