April 23 (Bloomberg) -- Banca Monte dei Paschi di Siena SpA plans to sell five-year bonds in euros, according to a banker involved in the transaction.

The notes may be priced to yield about 210 basis points more than the benchmark mid-swap rate, the banker said. Royal Bank of Scotland Group Plc and UBS AG are managing the sale with Monte Paschi.

To contact the reporter on this story: Caroline Hyde in London at chyde3@bloomberg.net

Last Updated: April 23, 2009 05:40 EDT