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EFSF opens books on new five-year bond
January 29, 2013 / 9:18 AM / 5 years ago

EFSF opens books on new five-year bond

LONDON, Jan 29 (IFR) - The European Financial Stability Facility, rated Aa1/AA+/AAA, has set official guidance on its new five-year euro-denominated bond at midswaps plus 18bp area, according to a market source.

Lead banks - Deutsche Bank, HSBC and RBS - will price the new February 2018 issue later on Tuesday.

On Monday evening, indications of interest were taken from investors at midswaps plus high-teens. (Reporting by John Geddie; Editing by Sudip Roy)

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