Spain raises 10 bln euros in new 10-year syndicated bond

  • 1/11/2022
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MADRID/LONDON, Jan 11 (Reuters) - Spain raised 10 billion euros ($11.33 billion) from a new 10-year bond on Tuesday where demand exceeded 63 billion euros, according to a lead manager memo. The bond is set to be priced at 8 basis points over Spain"s benchmark bond due October 2031, said the memo seen by Reuters. Spain, which plans to issue a net 75 billion euros ($84.95 billion) in bonds in 2022, gave a mandate on Monday to Deutsche Bank, HSBC, J.P. Morgan, Nomura, Santander and Societe Generale for a new syndicated 10-year euro benchmark bond maturing on April 30, 2032. read more ($1 = 0.8828 euros)

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