Bloomberg News

Barclays Said to Plan Sale of Five-Year Covered Bonds in Euros

February 15, 2012

Feb. 15 (Bloomberg) -- Barclays Plc is selling five-year covered bonds in euros, according to a banker involved in the transaction.

The notes may be priced to yield about 85 basis points more than the benchmark mid-swap rate, the banker said. Credit Agricole CIB, ING Groep NV and Natixis are managing the deal with Barclays.

To contact the reporter on this story: Hannah Benjamin in London at

To contact the editor responsible for this story: Ben Martin at

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