Austria Leads Sovereign Trio Getting 65 Billion-Euro Bond Orders
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Investors placed more than 65 billion euros ($74 billion) of orders in three sovereign bond sales, with Austria getting the biggest book and a high-yield Greek note also seeing strong demand.
Austria got more than 28 billion euros of bids, just topping Belgium’s 27 billion euros, according to separate people familiar with the offerings, who asked not to be identified as they aren’t authorized to discuss the matter publicly. Both countries were selling 5 billion-euro deals. Greece had 10 billion euros of orders for a 2.5 billion-euro note, a person said.