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CHINA PBOC CONDUCTS CNY59 BILLION VIA 7-DAY REVERSE REPOS FRI

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Disappointing data but no market reaction

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European Union Mandate

EGB SYNDICATION

As per Bloomberg:

  • The EU (EUROPEAN UNION), rated AAA (Fitch) / Aaa (Moody's) / AA+ (S&P) / AAA (Scope) and backed by the European Union Member States and the EU budget, has mandated Commerzbank, Deutsche Bank, Goldman Sachs Bank Europe SE, J.P. Morgan and Societe Generale as Joint Lead Managers for its upcoming EUR Fixed Rate RegS Bearer dual tranche transaction comprising a new long 20-year €4bn benchmark line due 4th April 2044 and a €2bn increase of EU 2.75% benchmark due 5th October 2026 (EU000A3K4D82).
  • No further group.
  • The transaction will be launched tomorrow, subject to market conditions.
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