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EGB SYNDICATION: DDA 10-year 2.50% Jul-35 DSL: Priced

EGB SYNDICATION
  • Uniform price: 97.96 to yield 2.730%
  • Cut-off spread at +25.5 vs the 2.50% Feb-35 Bund (ISIN: DE000BU2Z049).
  • (Initial spread guidance was +25.0 to +28.0bps then revised to +25.0 to +26.5bps then to final guidance of +25.5 to +26.0bps).
  • Books: E29.455314bln
  • Size: E5.999507bln (top of the E4-6bln range as we expected).
  • ISIN: NL0015002F72
  • Total share allocated to real money:83.73%
  • Total share allocated to other: 16.27%
  • Allocation at the cut-off spread:
    • Share allocated to real money: 55%
    • Share allocated to other: 54% (reported as 5.4% but assuming that is a typo by DSTA)
  • Timing: Books closed at 10:10GMT / 11:10CET
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  • Uniform price: 97.96 to yield 2.730%
  • Cut-off spread at +25.5 vs the 2.50% Feb-35 Bund (ISIN: DE000BU2Z049).
  • (Initial spread guidance was +25.0 to +28.0bps then revised to +25.0 to +26.5bps then to final guidance of +25.5 to +26.0bps).
  • Books: E29.455314bln
  • Size: E5.999507bln (top of the E4-6bln range as we expected).
  • ISIN: NL0015002F72
  • Total share allocated to real money:83.73%
  • Total share allocated to other: 16.27%
  • Allocation at the cut-off spread:
    • Share allocated to real money: 55%
    • Share allocated to other: 54% (reported as 5.4% but assuming that is a typo by DSTA)
  • Timing: Books closed at 10:10GMT / 11:10CET