Sovs soak up big demand on back of EU jumbo

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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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