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Spain 10y mandate

EGB SYNDICATION
  • "The KINGDOM OF SPAIN has mandated Barclays, BBVA, Citi, Credit Agricole CIB, J.P. Morgan, and Santander for a new Obligacion del Estado syndicated 10-year Euro benchmark maturing on 30th April 2033."
  • "The transaction will be launched in the near future subject to market conditions."
  • MNI had noted this deal was likely in both our weekly issuance publications and our Eurozone Deep Dive 2023 Outlook.
  • We expect the transaction to take place tomorrow with an issue size of E10bln.

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