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Reporting on key macro data at the time of release.
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EFSF: ***Update on the EFSF 2040, spread guidance tightens to +7bp
- Size: Benchmark
- Maturity: 05 September 2040
- Settle Date: 05 September 2017
- Price Guidance: MS +7 bp area
- Coupon: Fixed, Annual, ACT/ACT
- Bookrunners: BofAML(B&D)/BNPP/HSBC
- Orderbook in excess of E2.4bln (excl JLM)
- Timing: Books closing at 1030BST