Quick results issuance new 10-year DSL 2028

Today, 13 March 2018 the DSTA launched a new 10-year DSL via a Dutch Direct Auction (DDA). The bond has an annual coupon of 0.75% and will mature on 15 July 2028.

An amount of € 5,849,941,000 was allocated at a uniform cut-off spread of +16.5 basis points over the reference bond, the DBR 0.50% 15 February 2028. Of the total amount 62% is allocated towards ‘real money’ accounts and 38% to ‘other’ accounts.

The price of the bond and the detailed allocation will be determined and communicated later today.