Spain seeks 30yr after conquering curve with 15yr syndication
Spain aims to crown its reconquering of bond markets with a 30 year deal, the sovereign said this week after dodging negative news from Italy and Portugal to get its first 15 year syndication in over two years away at a tight premium. The sovereign attracted more than €7.5bn of orders from more than 130 accounts for Tuesday’s €3.5bn deal, writes Tessa Wilkie.
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