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Spain 10-year Oct-34: Launched

EGB SYNDICATION
  • Spread set earlier at 3.25% Apr-34 Obli (mid) + 6bps area (guidance was + 8bps area
  • Size: E10bln (MNI expected E10-15bln)
  • Order books in excess of E125bln (inc E7.05bln JLM interest)
  • Maturity: 31-Oct-2034
  • Settlement: 05-June-2024 (T+5)
  • Coupon: Fixed, annual ACT/ACT, short first to 31-Oct-2024
  • ISIN: ES0000012N35
  • Bookrunners: BBVA, DB, HSBC, JPM, MS (B&D/DM), SANTANDER
  • Timing: Allocations and pricing to follow
From market source
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  • Spread set earlier at 3.25% Apr-34 Obli (mid) + 6bps area (guidance was + 8bps area
  • Size: E10bln (MNI expected E10-15bln)
  • Order books in excess of E125bln (inc E7.05bln JLM interest)
  • Maturity: 31-Oct-2034
  • Settlement: 05-June-2024 (T+5)
  • Coupon: Fixed, annual ACT/ACT, short first to 31-Oct-2024
  • ISIN: ES0000012N35
  • Bookrunners: BBVA, DB, HSBC, JPM, MS (B&D/DM), SANTANDER
  • Timing: Allocations and pricing to follow
From market source