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EUROZONE T-BILL ISSUANCE: Germany, France and Italy will issue T-bill this week.
Total supply is estimate at E11.9bln compared to E15.6bln last week.
- RECAP: German allotted E0.936bln of 3-month Bubills on Monday. France followed
with a sale of 3-/6-/12-month BTFs for a combined E4.476bln on the same day.
- ISSUANCE: Italy will then come to market on Wednesday to sell 6-month BOTs for
- CASH FLOWS: Redemptions of E16.0bln will leave estimated net cash flows at
negative E4.1bln for the week.
** For further details please see MNI Eurozone T-Bill Calendar