EFSF grabs big book for 30 year as EIB, CEB and sovereigns hit screens

euros fotolia 230x150
By Burhan Khadbai
13 Jan 2020

The European Financial Stability Facility took the spotlight in the euro public sector bond market on Monday with an intraday execution ahead of a busy week. The European Investment Bank, Council of Europe Development Bank, Spain and Cyprus have all announced new deals.

Goldman Sachs, JP Morgan and UniCredit won the mandate to lead EFSF’s euro benchmark, after the supranational sent out requests for proposals last Wednesday.

The January 2050 bond was priced with a spread of mid-swaps plus 13bp, 2bp tighter than the initial level, with a ...

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