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EU-bond syndication: 7/20-year dual-tranche - Priced

EUROZONE ISSUANCE

EU3b Tap of 1.625% Dec-29 EU-bond at MS-3

  • Spread set at MS-3bps (guidance was MS -1bps area)
  • Reoffer price 92.346 to yield 2.939%
  • Benchmark: DBR 2.1% 11/15/29 +63.5bp
  • Size: E3bln WNG
  • Books in excess of E25bln (inc E2.2bln JLM interest)
  • ISIN: EU000A3K7MW2

EU4b Tap of 3.375% Nov-42 EU-bond at MS+52

  • Spread set at MS+52bps (guidance was MS +54bps area)
  • Reoffer price 99.298 to yield 3.424%
  • Benchmark: DBR 3.25% 07/04/42 +85.7bp
  • Size: E4bln WNG
  • Books in excess of E35bln (inc E2.35bln JLM interest)
  • ISIN: EU000A3K4DV0
For both:
  • JLMs: Danske Bank, Deutsche Bank, GSBE, JP Morgan, Societe Generale (B&D/DM)
  • Settlement: 13 June 2023 (T+5)

Note: priced earlier in the session (around 1300UK). Via Bloomberg / Market Sources

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