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The Euro Debate

Wednesday December 3, 10:23 AM
OeKB 5-yr bond set at 1.5 bln euros -IFR

LONDON, Dec 3 (Reuters) - Oesterreichische Kontrollbank's (OeKB) planned five-year euro benchmark bond has been set at 1.5 billion euros ($1.9 billion) after it attracted demand of more than 1.8 billion euros, IFR reported on Wednesday.

Guidance has been tightened to mid-swaps plus 47 basis points from 50 basis points area, 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.

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

(Reporting by Jane Baird) ($1=.7887 Euro) Keywords: OKB/BOND

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