07 Dec 2012

Guarantor: State of Baden-WürttembergRating: Aaa/AA+Amount: €1bnMaturity: 12 December 2017Issue/re-offer price: 99.89Coupon: 0.75%Spread at re-offer: 7bp through mid-swapsLaunch date: Wednesday 5 DecemberPayment date: 12 DecemberJoint books: Commerzbank, JP Morgan, LBBW, UniCredit

Borrower’s comment:

This was the perfect trade. It’s the tightest we’ve ever priced compared to swaps, and looking at an ...

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