Netherlands Raises EUR4.954 Billion in New January 2054-Dated Bond -- Update
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
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. The bond was priced
at 92.79, at a yield of 2.327%, the DSTA said.
Write to Emese Bartha at firstname.lastname@example.org
(END) Dow Jones Newswires
September 27, 2022 07:16 ET (11:16 GMT)
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