Quick results issuance new 5-year Dutch State Loan
Today, 7 June 2016, the DSTA launched a new 5-year DSL via a Dutch Direct Auction (DDA). The bond has an annual coupon of 0% and will mature on 15 January 2022.
An amount of € 4,812,112,000 was allocated at a uniform cut-off spread of +12 basis points over the reference bond, the DBR 2% 4 January 2022. Of the total amount, 40% is allocated towards ‘real money’ accounts and 60% to ‘other’ accounts.
The price of the bond and the detailed allocation will be determined and communicated later today.