May 18, 2020 / 9:46 AM / 10 days ago

Norway plans tap issue of 10-year benchmark bond

OSLO, May 18 (Reuters) - Norway’s central bank plans to hold a tap issue of its 10-year benchmark government bond in the near future, subject to market conditions, Norges Bank said in a statement on Monday.

It has mandated Danske Bank, DNB Markets, Nordea and SEB to lead manage the issue. At the same time, a bond auction due on May 20 has been cancelled, the central bank added. (Reporting by Terje Solsvik, editing by Gwladys Fouche)

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