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New 2.00% Jan-54 DSL via DDA

EGB SYNDICATION
MNI (London)
  • On offer today: E3-5bln of the 2.00% Jan-54 DSL (ISIN: NL00150012X2)
  • Market colour: The initial spread guidance for the 2.00% Jan-54 DSL has been set at the 0% Aug-52 Bund +33.5 to +37.5bp (this is from the preliminary initial spread guidance published yesterday of +33 to +38bp).
  • Timing: Books open at 0900 BST / 1000 CEST and will likely close around 1100-1145 BST / 1200-1245 CEST.


Auction history: Similar past auctions were of the 0% Jan-52 DSL

DateIssuedAvg yieldPricePre-auctOperation
Current2.266%
Last 4 aveE1.845bln0.502%
24-May-22E1.53bln1.410%66.0365.77Auction
25-Jan-22E1.985bln0.350%90.0590.04Auction
14-Sep-21E1.98bln0.275%92.0291.91Auction
12-Jan-21E1.885bln-0.027%100.85100.70Auction
22-Sep-20E5.961bln0.028%99.13NewSynd; DDA

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