Bloomberg News

EU Seven-Year Bonds Said to Yield 15 Basis Points Over Swaps

September 29, 2011

Sept. 29 (Bloomberg) -- The European Union’s sale of 1.1 billion euros of seven-year bonds will be priced to yield 15 basis points more than the benchmark mid-swap rate, according to a banker involved in the transaction. The bonds are being sold through the European Financial Stabilisation Mechanism.

To contact the editor responsible for this story: Ben Martin at bmartin38@bloomberg.net


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