Netherlands Raises EUR4.954 Billion in New January 2054-Dated Bond
September 27 2022 - 6:56AM
Dow Jones News
By Emese Bartha
The Netherlands sold 4.954 billion euros ($4.76 billion) in a
new 2.00% January 2054-dated government bond, or DSL, attracting
EUR16.7 billion euros in demand on Tuesday, Dutch State Treasury
Agency said.
The allocated amount is at the upper end of the DSTA's EUR3
billion-EUR5 billion issuance target. The bulk, 72.87%, of the
issue has been allocated to real-money investors--those with a
long-term investment horizon--, while 27.13% of the issue went to
other investors, the DSTA said.
The cut-off spread on the bond was set at 35.5 basis points
above the 0% August 2052 Bund, the DSTA said.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
September 27, 2022 06:41 ET (10:41 GMT)
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