Quick results issuance new 7-year Dutch State Loan
Today, 11 October 2017 the DSTA launched a new 7-year bond via a Dutch Direct Auction (DDA). The bond has an annual coupon of 0% and will mature on 15 January 2024.
An amount of € 6,572,277,000 was allocated at a uniform cut-off spread of +12 basis points over the reference bond, the DBR 1.75% 15 February 2024. Of the total amount 54.7% is allocated towards ‘real money’ accounts and 45.3% to ‘other’ accounts.
The price of the bond and the detailed allocation will be communicated later today.