Germany to raise 7.5 billion euros via first syndicated bond since 2015: lead manager

by Aurelia Butler 6 May 2020, 11:05 169 Views

The bond has received final demand of over 35.5 billion euros, including 3.15 billion from the lead managers, the update said.

It is due to price later on Wednesday at 22 basis points over Germany’s existing Feb 2030 bonds, as announced earlier.

BNP Paribas (OTC:BNPQY), BofA, Credit Agricole (OTC:CRARY), Commerzbank (DE:CBKG) and HSBC are managing the sale.

($1 = 0.9259 euros)

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Germany to raise 7.5 billion euros via first syndicated bond since 2015: lead manager

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