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On Dec 11 Belgium....>

BELGIUM T-BILL AUCTION PREVIEW
BELGIUM T-BILL AUCTION PREVIEW: On Dec 11 Belgium come to market for
E0.8-1.2bln. On offer is the 12-month Nov-7 TC. 
- HISTORY: For comparison at the last auction of a 12-month Treasury Certificate
on Nov 6: E1.7bln was allotted, average yield of -0.589%, cover of 2.28x.    
- RV/BACKGROUD: The Euribor curve shifted around 0.5 ticks lower on Dec 10, in
line with White and Red Eurodollar contracts. Eurodollar Greens and Blues rose
around 0.5 ticks higher as the week began on fairly quiet footing. 
Sunday saw Belgian Prime Minister Charles Michel desperately reshuffling his
government and staving off its collapse as his tenuous pact with Flemish
nationalists finally reached a breaking point over an international migration
pact.  
- TIMING: Results will be available shortly after the auction closes at 1030GMT.

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