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DUTCH T-BILL AUCTION PREVIEW: The Dutch State Treasury Agency (DSTA) on Monday
re-open 3-month Nov 30, 2019 DTC for E1.0-2.0bln, and 6-month Feb 28, 2019 DTC
- BACKGROUND: At the last 3-month auction on Aug 20, DSTA sold Oct-2018 DTC at
average yield -0.610% and bid-to-cover of 1.5x. At the initial sale of Feb 28,
2019 on Sep 3, DSTA sold at average yield of -0.620% and bid-to-cover of 1.5x.
- REDEMPTIONS: There are E5.1bln in total Eurozone T-bill redemptions next week,
though none from the Netherlands.
- TIMING: Results are due to be announced at around 0940GMT.