North Rhine Bonds Said to Yield 12 Basis Points Over Swaps

The German state of North Rhine Westphalia’s planned sale of bonds in euros due September 2018 will be priced to yield 12 basis points more than the benchmark mid-swap rate, according to a banker involved in the deal.

To contact the reporter on this story: Katie Linsell in London at klinsell@bloomberg.net

To contact the editor responsible for this story: Michael Shanahan at mshanahan3@bloomberg.net

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