€ 5.88 billion issued in new 10-year DSL 2029

Today, 12 February 2019, the DSTA launched a new 10-year DSL via a Dutch Direct Auction (DDA). The bond has an annual coupon of 0.25% and will mature on 15 July 2029.

An amount of € 5,885, 587, 000 was allocated at a uniform cut-off spread of +22.5 basis points over the reference bond, the DBR 0.25% 15 February 2029. Of the total amount 75.8% is allocated towards ‘real money’ accounts and 24.2% to ‘other’ accounts.

The issuance price was set at € 98.90, which corresponds to an issuance yield of 0.358%.

Please refer to one-pager-10-year DDA for more details about the allocation.