Brandenburg hopes to avoid Berlin's fate with 20 year bond

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By Burhan Khadbai
03 Aug 2020

The State of Brandenburg will keep the primary euro public sector bond market ticking on Tuesday after mandating banks for a new 20 year bond for which it hopes to achieve a better outcome than Berlin's deal at the tenor last week.

Barclays, DekaBank, DZ Bank, Natixis and TD Securities have been chosen to lead the transaction.

It will be Brandenburg’s fourth ever public 20 year trade, following deals in November 2019, November 2018 and August 2016. The state’s longest point in its curve is an ...

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