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Spain 10-year mandate

EGB SYNDICATION

"The KINGDOM OF SPAIN has mandated Barclays, BBVA, Credit Agricole CIB, Deutsche Bank, J.P. Morgan and Santander for a new Obligacion del Estado syndicated 10-year Euro benchmark maturing on 30th April 2034. The transaction will be launched in the near future subject to market conditions."

From market source

  • MNI had flagged this as likely this week and we look for a E10-13bln transaction tomorrow.

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