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Next week sees Eurozone....>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: Next week sees Eurozone T-bill issuance get off to a
light start start for 2019. With just France coming to the market issuance is
expected to be E5.0bln Vs E6.5bln this week.
- ISSUANCE: France simultaneously kick off 2019 issuance and end the weeks
issuance on Wednesday when they come to market selling 3, 6, and 9 month bills.
The amounts for amount will be announced on Dec 31, with MNI estimating around
E5.0bln.
- CASH FLOWS: With E11.4bln in redemptions scheduled for next week, net cash
flow is estimated to come in at negative E6.4bln Vs positive E6.5bln this week.

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