By Emese Bartha

 

Austria sold 4 billion euros ($4.28 billion) in its inaugural green government bond, including an EUR250 to be retained by the issuer, in a syndicated deal on Tuesday, one of the bookrunner banks said.

Books for the May 2049-dated bond closed in excess of EUR25 billion, including EUR2.4 billion in joint lead manager demand, the same bank said.

The spread on the bond was set 22 basis points above mid-swaps, the same bank said. Pricing of the bond will take place later in the day.

Bookrunner banks of the issue were Barclays, BofA Securities, Deutsche Bank, Goldman Sachs Bank Europe SE, J.P. Morgan and UniCredit.

 

Write to Emese Bartha at emese.bartha@wsj.com

 

(END) Dow Jones Newswires

May 24, 2022 06:43 ET (10:43 GMT)

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