Dutch State reopens 10-year DSL
On Tuesday 14 November 2017 the Dutch State Treasury Agency will reopen the ‘DSL 0.75% 15 July 2027’. This will be the final DSL-auction of the year.
The characteristics of this bond are:
|
Maturity date |
15 July 2027 |
|
Coupon |
0.75% |
|
Issue date |
14 November 2017 |
|
Settlement date |
16 November 2017 |
|
Target amount |
€ 2 to 3 billion |
|
Current outstanding amount |
€ 12,506,926,000 |
|
First issue of this bond |
7 February 2017 |
On the issue date at 10 a.m. (CET) the DSTA will announce the price at which Primary Dealers can buy the issue. The issuance will take the form of a tap auction, during which the DSTA may revise the price at any time. The price will be announced on the screens of MTS Netherlands and Bloomberg DSTA. Professional and private investors may participate in the auction through the Primary Dealers. The list of Primary Dealers and the borrowing conditions are available on the website www.dsta.nl. Primary Dealers have the right (under the usual conditions) to use the “non-comp” facility after the auction has been closed. Liquidity of the bond will be guaranteed through a repo facility available to the Primary Dealers.