Rarity spells success for Finland
Finland’s Eu4bn 11 year bond was a huge success, garnering a Eu12bn book in just three hours. According to lead managers ABN Amro, Barclays Capital, Deutsche Bank, HSBC and Nordea, this was achieved with a new issue concession of only 1bp over the borrower’s curve and in a record time of just three hours. This morning the Province of Quebec launched its first euro bond since 2005, a Eu1.25bn 10 year. Read EuroWeek on Friday for analysis of this week’s deals and news of those to come.
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