Sumitomo Mitsui Banking Said to Tighten Bond Spread Guidance
February 22, 2012, 9:36 AM ESTBy Rachel Evans
Feb. 22 (Bloomberg) -- Sumitomo Mitsui Banking Corp.’s sale of 10-year bonds in dollars may be priced to yield 285 basis points more than Treasuries, according to a banker involved in the transaction. The guidance on the yield spread has been tightened from about 300 basis points.
To contact the reporter on this story: Rachel Evans in Hong Kong at revans43@bloomberg.net
To contact the editor responsible for this story: Ben Martin at bmartin38@bloomberg.net
