Austria Issues EUR5 Billion in New 10-Year Government Bond

By Emese Bartha

Austria issued 5 billion euros ($5.27 billion), including an EUR500 million tranche to be retained by the state, in new February 2033-dated government bonds via a bank syndicate on Wednesday, one of the lead manager banks said.

The transaction attracted more than EUR32 billion in demand when books closed, including EUR2.9 billion joint lead manager interest, the same bank said.

The spread on the bond was set 8 basis points above mid-swap.

Lead managers of the transaction were Barclays, BofA, Deutsche Bank, Goldman Sachs Bank Europe, J.P.Morgan and UniCredit.

Write to Emese Bartha at [e-mail]

(END) Dow Jones Newswires

01-04-23 0702ET