Sovs soak up big demand on back of EU jumbo

By Burhan Khadbai
28 Jan 2021

Austria, Greece and Iceland all received huge order books for their first syndicated bonds of the year, coming hot on the heels of a European Union jumbo dual-tranche sale earlier in the week.

Austria and Greece hit the market with 10 year bonds on Wednesday, a day after the EU’s deal (see separate story).

Austria sold a €4bn (€500m retained) February 2031 bond at mid-swaps minus 12bp, 2bp inside of guidance, via Bank of America, Barclays, Goldman Sachs, JP ...

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