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Italy come to the..........>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: Italy come to the Eurozone T-bill issuance market
Friday with launch of a new 6-month Apr 30 2018 BOT for E6.0bln. Issuance is
expected to fall to E11.49bln this week versus E13.231bln issued last week.
- RECAP: To recap issuance so far this week on Monday afternoon France allotted
E3.095bln 3-month BTF, E1.396bln 6-month BTF and E999mln 12-month BTF.
- REINVESTMENT FLOWS: T-bill redemptions this week are due from France for
E6.991bln only, turning net cash flow positive to the tune of E4.5bln vs
+E2.1bln last week.

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