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DDA: 2.00% Jan-54 DSL tap: Allocations

EGB SYNDICATION
  • Size: E4.999859bln
  • Books: E14.719722bln
  • Cut-off spread 2.50% Aug-54 Bund (ISIN: DE000BU2D004) +18.0bp
  • Guidance Preliminary initial spread guidance was +17.5 to +21.5bps then initial spread guidance of +17.5 to +20.5bps then revised to +17.5 to +19.5bps then +17.5 to +18.5bps with final spread guidance at +18.0 to +18.5bps.
  • ISIN: NL00150012X2
  • Allocation to real money: 77.04%
  • Allocated to other: 22.96%
  • Allocation at cutoff spread: 94.88% to real money, 14.0% to "other"
  • Books closed pricing later today.

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