OeKB makes sustainability debut

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By Lewis McLellan
01 Oct 2019

Oesterreichische Kontrollbank hit screens on Tuesday with its first ever sustainability bond, raising €500m with an eight year benchmark.

BNP Paribas, Danske Bank, HSBC and UniCredit ran the books. Guidance for the trade was set at mid-swaps minus 3bp, then revised to mid-swaps minus 5bp, plus or minus 1bp, before being fixed at minus 6bp.

The bond yielded minus 0.374% at the reoffer ...

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