Quick results issuance new 10-year Dutch State Loan
Today, 22 March 2016, the DSTA launched its new 10-year DSL via a Dutch Direct Auction (DDA). The bond pays an annual coupon of 0.50% and will mature on 15 July 2026.
An amount of € 5,720,051,000 was allocated at a uniform cut-off spread of +23 basis points over the reference bond. Of the total amount, 63% was allocated towards ‘real money’ accounts and 37% to ‘other’ accounts.
The price of the bond and the detailed allocation will be determined and communicated later today.