Spain Issues 4 Billion Euros in New November 2036 Inflation-Linked Bond — Update
By Emese Bartha
Spain issued 4 billion euros ($4.45 billion) in new November 2036-dated inflation-linked bonds via a bank syndicate on Tuesday, one of the lead manager banks said.
The final book size exceeded 51 billion euros, including 4.7 billion euros in joint lead manager interest, the same bank said.
The spread on the new linker, which is indexed to eurozone HICP excluding tobacco, was set at 22 basis points above the real yield of the domestic peer 0.70% November 2033-dated inflation-linked bond.
The new bond has a 1.15% coupon, and it was priced at 99.512, at a yield of 1.193%, the same bank said.
Bookrunner banks were Citi, Credit Agricole CIB, Goldman Sachs Bank Europe, Santander and Societe Generale CIB.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
September 24, 2024 11:32 ET (15:32 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What’s the Difference Between the CPI and PCE Indexes?
-
Micron Earnings: Great Guidance but Stock Now Looks Fairly Valued
-
August PCE Report Forecasts Show More Good News on Inflation
-
AI Stocks May Be Down, but Don’t Count Them Out
-
4 Stocks to Buy as the Fed Cuts Interest Rates
-
Markets Brief: The Uncertain Path to Neutral Interest Rates
-
What’s Happening in the Markets This Week
-
Where Top Stock Fund Managers Are Looking Next After the Fed Rate Cut
-
Our Top Pick for Investing in US Renewable Energy
-
Undervalued by 25% and Yielding 5%, This Stock Is a Buy
-
Can AI Predict Future Stock Returns?
-
The Best Energy Stocks to Buy Now
-
10 Undervalued Wide-Moat Stocks
-
Obesity Drugs: Can New Firms Take Market Share From Eli Lilly and Novo Nordisk?
-
New 4-Star Stocks
-
Intel Fair Value Left Unchanged Despite Qualcomm Takeover Talk
United States