Reopening DSL 2047 raises EUR 0.875 billion

The reopening of the off-the-run ‘DSL 2.75% 15 January 2047’ today raised an amount of € 0.875 billion. Settlement is on Thursday 14 April 2016.

The results of the auction are as follows.

Average price

146.45

Average yield

0.99%

Volume raised

€ 875,000,000

New outstanding volume   

€ 11,031,187,000

The bonds were auctioned via the screens of MTS Netherlands (MTS). The Primary Dealers have a non-comp facility for a period of three days after the closure of the issue. The facility is capped at 15% of the volume issued at the auction. If Primary Dealers use this facility, the volume outstanding will increase. For the up-to-date figures on the outstanding amount per bond, please consult this website.