By Emese Bartha

The preliminary initial spread guidance on the new Dutch 2.50% July 2033 government bond, or DSL, has been set 32-35 basis points above the yield of the German 2.30% February 2033 Bund, the Dutch State Treasury Agency said Monday.

The DSTA will launch the new 10-year bond via a Dutch Direct Auction, or DDA, on Tuesday, planning to issue between 4 billion and 6 billion euros ($4.32 billion-$6.48 billion).

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

(END) Dow Jones Newswires

February 06, 2023 09:49 ET (14:49 GMT)