EU impresses with first SURE deal of 2021

By Burhan Khadbai
28 Jan 2021

The European Union continued where it left off last year as it returned to the bond market this week with another jumbo deal that attracted a huge order book for the first deal of the year under its Support to Mitigate Unemployment Risks in an Emergency (SURE) funding programme.

On Monday, BarclaysCommerzbankDeutsche BankGoldman Sachs and LBBW were appointed to lead the sale of the EU’s new June 2028 euro benchmark and a reopening of its 0.3% November 2050 bond.

“We didn’t issue a seven year maturity last year and so for that reason we felt it would ...

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