BNG Sets Pricing on Euro 10-Year Bond at Swaps +High 0.30s

Date : 08/20/2012 @ 7:53AM
Source : Dow Jones News
Stock : Goldman Sachs Grp. (The) (GS)
Quote : 225.81  0.0 (0.00%) @ 5:34AM

BNG Sets Pricing on Euro 10-Year Bond at Swaps +High 0.30s

Goldman Sachs (NYSE:GS)
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By Sarka Halas

Bank Nederlandse Gemeenten, or BNG, a Dutch public-sector agency, has set pricing on its euro-denominated, benchmark-sized bond at a number around the high 30s basis points over midswaps, one of the banks running the deal said Monday.

Barclays, Credit Suisse, Goldman Sachs, and the RBC are the lead managers on the deal, which is expected to price Tuesday.

BNG is triple-A rated by all three ratings companies.

Write to Sarka Halas at sarka.halasova@dowjones.com




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