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EGB SYNDICATION: Spain long 15-year Obli: Priced

EGB SYNDICATION
  • Reoffer price 99.824 to yield 3.515%
  • Spread set earlier at 3.90% Jul-39 Obli (mid) + 9bps (Guidance was +11bps area)
  • Size: E7bln (MNI expected E5-10bln)
  • Books closed in excess of E93bln (inc. E7.5bln JLM interest)
  • Maturity: 31 January 2041
  • Coupon: 3.50%. Short first to 31 January 2026
  • Settlement: 4 March-2025 (T+5)
  • ISIN: ES0000012O75
  • Bookrunners: BARCLAYS / CACIB (B&D/DM) / GSBE SE / HSBC / NOMURA / SG
  • Timing: FTT Immediately

From market source / BBG

 
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  • Reoffer price 99.824 to yield 3.515%
  • Spread set earlier at 3.90% Jul-39 Obli (mid) + 9bps (Guidance was +11bps area)
  • Size: E7bln (MNI expected E5-10bln)
  • Books closed in excess of E93bln (inc. E7.5bln JLM interest)
  • Maturity: 31 January 2041
  • Coupon: 3.50%. Short first to 31 January 2026
  • Settlement: 4 March-2025 (T+5)
  • ISIN: ES0000012O75
  • Bookrunners: BARCLAYS / CACIB (B&D/DM) / GSBE SE / HSBC / NOMURA / SG
  • Timing: FTT Immediately

From market source / BBG