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NGEU syndication: 5/30y: Priced

  • 5-year: Oct-27. Reoffer: 99.549 / 2.095%. Coupon: 2.00%. Spread set earlier at MS-28bp (guidance was MS-26bp area). ISIN: EU000A3K4DS6. Size set at E7bln. Books closed in excess of E60bln (inc E1.7bln JLM). HR 98% vs 1.30% Oct-27 Bobl @99.05.
  • 30-year: Oct-52. Reoffer: 98.279 / 2.583%. Coupon: 2.50%. Spread set at MS+45bp (guidance was MS+47bp area). ISIN: EU000A3K4DT4. Size set at E5bln. Books closed in excess of E54.5bln (inc E0.5bln JLM). HR 118% vs 0% Aug-52 Bund @59.54.
  • JLMs: BNPP, Citi, Commerzbank, GSBE (B&D/DM), Nomura
  • Timing: TOE: 30y 14h12CET / 5y 14h15CET, FTT 14h25CET
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