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7-year EU-bond syndication: Allocations

EUROZONE ISSUANCE
  • Spread set at MS+29bps (guidance was MS+31bps area)
  • Size: E7bln WNG (in line with MNI expectation)
  • Books closed in excess of E67bln (incl E4.55bln JLM)
  • HR 104% vs 2.20% Feb-34 Bund
  • Maturity: 4 December 2034
  • Settlement: 27 February 2024 (T+5)
  • Coupon: Fixed, Ann, ACT/ACT ICMA, short first coupon
  • ISIN: EU000A3K4ES4
  • JLMs: BNPP / DB / GSBE (DM/B&D) / HSBC / Nomura
  • Timing: Hedge deadlien 12:05GMT / 13:05CET, pricing thereafter
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