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The Euro Debate

Tuesday December 2, 03:04 PM
UPDATE 1-OeKB plans 5-yr euro benchmark bond -IFR

LONDON, Dec 2 (Reuters) - Oesterreichische Kontrollbank's (OeKB) planned five-year euro benchmark bond attracted more than 1.1 billion euros ($1.4 billion) of investor demand as of 1400 GMT, IFR reported.

Guidance is set at mid-swaps plus around 50 basis points, said IFR, a Thomson Reuters (TRI.TO - news) publication.

BNP Paribas (Paris: FR0000131104 - news) , HSBC (LSE: HSBA.L - news) and UBS (Virt-X: UBSN.VX - news) have been named to manage the sale, IFR said.

OeKB, guaranteed by the Austrian government, is rated triple-A by Standard & Poor's and Moody's Investors Service.

(Reporting by Daisy Ku) ($1=.7908 Euro) Keywords: OEKB/BOND

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