EIB ECoops to conquer in long end
The European Investment Bank has extended its Ecoop curve with a new 30 year line priced yesterday. The €1bn transaction – twice the size of the initial target – was priced at mid-swaps plus 110bp, a minimal new issue premium over the 2037 EARN trading in the 105bp over mid-swaps area.
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
