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Greece comes to the........>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: Greece comes to the Eurozone T-bill issuance market
Wednesday with launch of a new 26-week July 6, 2018 T-bill for E1.25bln.
Issuance is now estimated to total E9bln versus E6.5bln issued last week.
- RECAP: To recap issuance so far this week, on Tuesday Belgium allotted
E1.135bln of a 4-mth BTC and E1.05bln of a 6-mth BTC. In the afternoon France
allotted E2.994bln in a new 3-mth BTF, E1.44bln tap of a 6-month BTF and
E1.175bln tap of a 12-mth BTF.
- REINVESTMENT FLOWS: T-bill redemptions this week are due from Greece only for
E2.0bln, turning net cash flow positive to the tune of E7bln vs -E5.84bln last
week.
** For full details of forthcoming issues, please see Eurozone T-bill auction
calendar

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