Finland prints 'richest syndication of all time'

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Finland prints 'richest syndication of all time'

Finland and euros fotolia 230 x 150
Flag of Finland sticking in european banknotes.(series) | Sebastian Gelbke/eyegelb - Fotolia

Demand for the Republic of Finland’s latest bond was high on Wednesday as it printed through the ECB deposit rate to sell “the most expensive syndication of all time”, according to a banker on the deal. The five year note came 29.9bp richer than Austria’s previous record holding deal, another five year note sold in June.

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