Bloomberg News

Sumitomo Mitsui Banking Said to Tighten Bond Spread Guidance

February 22, 2012

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


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