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Spain 20y mandate

EGB SYNDICATION
  • "The KINGDOM OF SPAIN has mandated BBVA, Credit Agricole CIB, Deutsche Bank, J.P. Morgan, Santander and Societe General for a new Obligacion del Estado syndicated 20-year Euro benchmark maturing on 30 July 2043."
  • "The transaction will be launched in the near future subject to market conditions."

From market source.

  • Notes that our policy team reported on Thursday that "Spain is considering its fourth and final debt syndication of the year in the longer end of the curve, the director general of the Spanish Treasury told MNI, adding that the country has no plans to update its annual funding target in response to government moves to offset rising energy costs." Full story here.

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