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German 30-year Green mandate

EGB SYNDICATION

"The Federal Republic of Germany has mandated BofA Securities, Citi, Danske Bank, DZ BANK, NatWest Markets and Societe Generale, as joint lead managers for their upcoming EUR 3bn (no-grow) increase of their existing Green 30-year DBR Benchmark, due 15 August 2053 (DE0001030757). The transaction will be launched and priced in the near future, subject to market conditions."

From market source

  • We had thought the syndication schedule would slow down this week ahead of the ECB meeting this week. However, we had also noted that there was still one more green syndication to come this year.

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