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Eyeing E10-15bln Size For Spain 10Y

EGB SYNDICATION

Re the Spain 10Y benchmark mandate: this had been anticipated in our week-ahead issuance preview:

  • MNI had pencilled in a Spain syndication for the W/C 5 June with a new 10-year Oct-33 Obli due to be launched some time in June.
  • We look for a transaction size of E10-15bln.

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