Spain and SNCF go for 20s after EIB smashes records with Ecoop

By Burhan Khadbai
08 Jun 2020

Spain and SNCF SA announced new euro benchmarks with 20 year maturities on Monday, following the European Investment Bank’s record-breaking effort in the tenor last Friday.

Spain has mandated BBVA, Crédit Agricole, Citi, Goldman Sachs, Morgan Stanley and NatWest Markets for a new October 2040 euro benchmark, with the sovereign joining Greece and Ireland in the primary market this week following the expansion of the European Central ...

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