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

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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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