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T-bill issuance across.....>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: T-bill issuance across the eurozone this week is
estimated to be E10.1bln Vs E14.9bln last week. The Netherlands, France and
Spain are all expected to come to market. 
- RECAP: The Netherlands began the weeks issuance on Monday allotting E2.3bln by
selling the 3-month Mar 29 2019 and 6-month Jun 27 2019 DTCs. 
Later Monday France came to the market, selling the 3-month Apr 17 2019, 6-month
Jul 3 2019, and 12-month Jan 2 2020 BTFs for a combined total of E5.0bln. 
- ISSUANCE: Bill issuance is finished off as early as Tuesday when Spain sell
the 3-month Jun 4 2019, and 9-month Dec 10 2019 Letras. The auction volume will
be announced Monday afternoon, with MNI estimating E2.8bln. 
- CASH FLOWS: With E5.5bln in redemptions scheduled for this week, net cash flow
is estimated to come in at positive E4.6bln Vs negative E6.7bln last week.

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