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Italy comes to the.........>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: Italy comes to the Eurozone T-bill issuance market
Thursday with launch of a new 6-month Oct 31, 2018 BOT for E6bln. Issuance is
now estimated to be E11.8bln.
- RECAP: To recap issuance so far this week, on Monday afternoon, France
allotted E3.698bln of a new 3-month BTF, E1.037bln tap of a 6-month BTF and
E1.077bln tap of a 12-month BTF.
- REINVESTMENT FLOWS: T-bill redemptions this week are due from France E5.795bln
only, turning net cash flow positive to the tune of E6bln.

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