EU Seven-Year Bonds Said to Yield 15 Basis Points Over Swaps
By Ben Martin -
2011-09-29T10:52:16Z
The European Union’s sale of 1.1 billion euros of seven-year bonds will be priced to yield 15 basis points more than the benchmark mid-swap rate, according to a banker involved in the transaction. The bonds are being sold through the European Financial Stabilisation Mechanism.
To contact the editor responsible for this story: Ben Martin at bmartin38@bloomberg.net
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