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T-BILL AUCTION PREVIEW: The Finnish Debt....>

FINLAND
FINLAND: T-BILL AUCTION PREVIEW: The Finnish Debt Management Office will tap the
market for a combined E1.5bln in bills on Tuesday. 
On offer are the new 3-month May 13 bill for E1.0bln, and the new 6-month Aug 12
bill for E0.5bln. 
- HISTORY: This is the first issue of Finnish euro-denominated Treasury bills in
the auction format. 
- BACKGROUND: The Finnish yield curve has flattened across in 2019. The very
short end has outperformed, supported by concerns over the effect of U.S. auto
tariffs on the Finnish economy.
The January YoY PPI data reading for Finland released on Monday came in at 3.2%,
down from 3.8% in Dec 2018. 
The January unemployment rate is released at 0700GMT on Tuesday: the December
reading came in at 5.4%, a 27yr low.      
- TIMING: Results are due shortly after the auction closes at 1030GMT. 

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