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The OEBFA has issued an updated funding.....>

AUSTRIA
AUSTRIA: The OEBFA has issued an updated funding plan, highlights:
- Approx. EUR60bln in total issuance (vs 31-34bln projected in Dec 2019)
- Minimum EUR35bln in RAGB issuance (vs 18-21bln projected in Dec 2019)
- Minimum EUR16bln in bill issuance (vs 7.4bln outstanding as of end-2019)
- 2 to 3 RAGB syndications (vs 1 to 2 projected in Dec 2019)
- Over 40% of total funding programme completed to date (EUR23.8bln via RAGBs)
- Monthly auction dates remain unchanged on the OEBFA's calendar but from July
2020 onwards, volume and tenors will be announced on Thursdays in the week
before the auction (previously Tuesdays).
- OEBFA notes that the upward revision in funding requirements is due solely to
COVID-19's impact on the fiscal accounts.

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