YBS, Bancaja to end five week GG hiatus
Yorkshire Building Society is expected to price Eu750m of three year government guaranteed bonds later today.
The transaction is the first public government guaranteed issue in five weeks as issuers continue to focus on unguaranteed issuance in the senior and covered bond markets.
The guidance for the deal is between 10bp over mid- swaps and 12bp over. Commerzbank, Credit Suisse, JPMorgan-Cazenove and Société Générale
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