Amount: ¥50bn Öffentliche Pfandbrief
Maturity: 19 January 2009
Issue price: 100.034
Spread at re-offer: 1bp through the 1.1% December 2008 JGB 208
Launch date: Wednesday January 11
Payment date: 19 January
Sole mgr: UBS
Bookrunner's comment:We printed ¥50bn at 1bp through the JGB which offered some good switching opportunities out of short dated ...
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