Bloomberg News

Spain’s FROB Said to Sell Two-Year Bonds in Euros

October 13, 2011

Oct. 13 (Bloomberg) -- Spain’s Fondo de Reestructuración Ordenada Bancaria, the nation’s bank-rescue fund, plans to sell two-year benchmark-sized bonds in euros, according to two people with knowledge of the sale.

Bankia SA, Barclays Capital, Credit Agricole CIB, Banco Santander SA and Societe Generale SA are managing the deal, the people said.

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


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