Free Trial

EU 5/30-year syndication: Final terms

EUROZONE ISSUANCE

New EFSM short 5-year: Final terms set earlier

  • Maturity: 22 October 2026
  • Size E2.2bln WNG
  • Spread set at MS -23bp (guidance was -21bp area)
  • Books in excess of E19bln (incl. E700mln JLM)
  • Books closed at 9:50GMT / 10:50CET
  • ISIN: EU000A3K4DA4

Re-open 0.70% Jul-51 NGEU tap: Final terms set now

  • Maturity: 6 July 2051
  • Size set at E5bln (MNI had expected E4-6bln)
  • Spread set at MS + 29bps (Guidance originally MS +32bp area then revised to MS + 30bp +/-1bp WPIR)
  • Books in excess of E60bln (incl. E450mln JLM)
  • Books to close at 10:30GMT / 11:30CET
  • ISIN: EU000A3KTGW6
For both:
  • JLMs: Citi, J.P. Morgan (B&D/DM), Nordea, Societe Generale and UniCredit
From market source

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.