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EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: There is no Eurozone sovereign T-bill issuance Tuesday
with Italy next scheduled on Wednesday. Overall T-bill issuance is expected to
total E11.5bln vs E13.187bln last week
- SUPPLY Still to come this week, on Wednesday Italy launch a new 12-month Dec
31, 2018 BOT for E6.5bln.
- RECAP: TO recap issuance so far this week on Monday afternoon, France allotted
E2.994bln in tap of 3-month BTF, E998mln in tap of 6-month BTF and E997mln of a
new 12-month BTF.
- REINVESTMENT FLOWS: T-bill redemptions this week are due from France
E6.995bln, Netherlands E3.82bln and Italy E6.5bln turning net cash flow negative
to the tune of E5.8bln vs +E3.4bln last week.
** For full details of forthcoming issues, please see Eurozone T-bill auction
calendar

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