MTN investors looking for longer dated SSA paper

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By Frank Jackman
23 Jul 2020

Euro investors are sniffing around further out along the SSA curve, with Euratom returning after a two year absence to print a 10 year bond earmarked to fund power plant safety measures in Ukraine, while the Treasury Corp of Victoria tapped demand past the 30 year point.

Euratom sold a €100m July 2030 zero coupon note on July 16. Deutsche Bank priced the bond at 100.773 for reoffer yield of minus 0.077%. The note was settled on Tuesday.

The EU invited 15 banks to bid for the deal.

The bond was priced at 12bp over ...

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