Lloyds TSB Bank
Maturity: 26 November 2012
Issue/re-offer price: 99.683
Spread at re-offer: 125bp over mid-swaps; 170.5bp over the Bund
Launched: Wednesday 18 November
Payment date: 26 November
Joint books: BNP Paribas, Deutsche Bank, Lloyds CM, UniCredit
Bookrunners comment:This was a somewhat opportunistic trade and a drive-by which came about as a ...