OeKB back in euros — with a bang
Oesterreichische Kontrollbank has made a triumphant return to euros on Tuesday as it printed in the currency following a more than eight year absence. Elsewhere, Nederlandse Waterschapsbank sold a small long dated euro tap — a tactic SSA bankers expect to see more of.
OeKB’s leads Deutsche Bank, Erste Group, JP Morgan, Raiffeisen Bank International and UniCredit priced a €1.5bn September 2024 for the issuer at 15bp through mid-swaps, well inside Monday’s initial price thoughts of minus 11bp/minus 12bp.
Those price thoughts brought indications of interest of over €1.75bn,
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.