Dutch State reopens DSL 2024
On Tuesday 10 April 2018, the Dutch State Treasury Agency (DSTA) will reopen the ‘DSL 0% 15 January 2024’.
The characteristics of this bond are:
Maturity date |
15 January 2024 |
Coupon |
0% |
Issue date |
10 April 2018 |
Settlement date |
12 April 2018 |
Target amount |
€ 1.5 to € 2.5 billion |
Current outstanding amount |
€ 8,462,277,000 |
First issue of this bond |
11 October 2017 |
On the issue date at 10 a.m. (CEST), 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 requirements are available on the website. 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.