Finland Sells 4 Bln Euros in New April 2033 Government Bond
Dow Jones
Aug 19
Finland issued 4 billion euros ($4.63 billion) in a new April 2033-dated government bond via a bank syndicate on Wednesday, one of the lead manager banks said.
Books for the transaction closed in excess of 11.25 billion euros, including 700 million euros in joint lead manager interest, the same bank said.
The spread on the bond was set at 15 basis points above mid-swaps. The new bond has a 3.3% coupon, and it was priced at 99.953, implying a yield of 3.310%, the same bank said.
Lead managers of the issue were BNP Paribas, BofA Securities, Danske Bank, Deutsche Bank and J.P. Morgan.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.