Sweden and Slovenia triumph in euros
Sweden and Slovenia found strong demand in the euro market this week. The Scandinavian sovereign issued a Eu3bn two year bond at mid-swaps 15bp after guidance was tightened from the minus 12bp area to 12bp-15bp. Lead managers Barclays, Citi and UBS reported a book in excess of Eu8bn. And Slovenia’s 15 year hit the spot, garnering Eu3.9bn of demand in just one hour, enabling pricing of mid-swaps plus 80bp (guidance plus 85bp area) and an increase in size to Eu1.5bn. It is Slovenia’s longest dated government bond since it joined the eurozone in January 2007. Read EuroWeek on Friday for highlights of the week’s deals.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts