Spain launched on Tuesday a new 15-year bond sale via a syndication with an initial demand surpassing 65 billion euros ($68.03 billion), according to a lead manager memo seen by Reuters.
Barclays, Credit Agricole CIB, Goldman Sachs Bank Europe SE, HSBC, Nomura, and Societe Generale have been picked to sell the bond, which would mature on January 31, 2041.
The bond was initially guided to yield around 11 basis points above Spain’s outstanding 15-year bond due on July 30, 2039.
Last month, Spain raised 15 billion euros in a 10-year bond syndication which drew a record demand of about 139 billion euros.
($1 = 0.9555 euros)