2010-05-18 New 2013 USD benchmark

EUROFIMA has successfully launched today a new 3-year USD 1 billion Eurobond. Pricing was set at a spread of +25 bps over mid-swap, which equates to +57.3 bps vs US Treasury (UST 1.375% May 2013). Joint bookrunners were Barclays Capital, Credit Suisse and Goldman Sachs International.

This marks the first benchmark of a European supranational or agency since the recent market turmoil. The high quality book attracted 40 investors. The geographical distribution was: Europe 39%, Asia 46%, America 15%. Distribution by investor type: Central Banks 79%, Banks 8%, Asset Managers 7%, Private Banks 6%.

With todays transaction EUROFIMA has seven outstanding USD 1 billion benchmarks, with maturities from 2010 till 2017.

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