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***The E500mln 25-yr NRW bond.....>

EUROZONE ISSUANCE
EUROZONE ISSUANCE: ***The E500mln 25-yr NRW bond has been priced, source close
to the deal has told MNI:
Issuer: Federal State of NRW (NRW)
Size: EUR 500m
Coupon: 1.450%, Fixed, annual, ACT/ACT ICMA, short first coupon
Maturity: 16th February 2043 (long 25yrs)
Reoffer Spread: MS +4bps (DBR 3.25 07/2042 +46.2bp (148.87%))
Reoffer Price: 99.813%
Reoffer Yield: 1.459% p.a.
Lead-Managers: CITI (B&D), COMMERZBANK, HSBC, J.P. MORGAN
Timing: Priced / FTT 12h45 CET / 11h45 Lnd

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