NRW.Bank goes large in sterling as UK picks tenor

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By Craig McGlashan
26 Oct 2017

NRW.Bank brought a large sterling bond this week that was more than doubly subscribed, in what was a “great outcome”, according to bankers away from the trade. The deal came as the UK Debt Management Office picked the tenor for its next syndication.

The UK DMO will launch a 0.125% August 2048 inflation linker in the week commencing November 6, the DMO said on Tuesday.

NRW.Bank's leads Bank of America Merrill LynchBarclays and HSBC on Tuesday priced a £400m June 2022 Reg S for the German agency at 45bp over the March 2022 ...

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