Dutch pioneers to stake 20 year claim
The Dutch State Treasury Agency is set to issue its first ever 20 year bond on March 6, becoming the first sovereign to test a maturity that some believe could become a new benchmark point on the curve as a result of Solvency II. Bankers wonder if the European Union could also opt for 20 years for its transaction expected to be launched next week. RFPs were requested yesterday for maturities between 15 and 30 years.
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