Brussels looks to stay short in PPs despite long interest

By Kathleen Gallagher
27 Mar 2014

Brussels-Capital Region wants to raise €70m in private placements by April 8 but is receiving more inquiries for longer tenors than it wants to print. French regions could look to take advantage of the excess demand and print longer notes, according to medium term note dealers.

Brussels wants nine to 10 year money but has received a spate of enquiries at the very long end of the curve — it sold its longest ever note, a €20m 30 year note on March 21.

The borrower has raised €40m through private placements so far this ...

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