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EU SURE Dual-Tranche 5y / 25y: UPDATE

EUROZONE ISSUANCE

5y Tranche

  • Spread set at MS-14
  • Size set at EUR 8bn
  • Books in excess of EUR41bn (incl EUR1.75bn JLM interest)

25y Tranche

  • Spread set at MS+1
  • Size set at EUR 5bn
  • Books in excess of EUR40bn (incl EUR1.75bn JLM interest)

Global books to close at 10:45 CET / 09:45 LDN

MS will act as DM/B&D on both tranches

From market source

Note that this will see the total E13bln issued that we expected.

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