€ 5.96 billion issued in new 30-year DSL 2052

Today, 22 September 2020, the DSTA launched a new 30-year DSL via a Dutch Direct Auction (DDA). The bond has an annual coupon of 0.00% and will mature on 15 January 2052.

An amount of € 5,960,724,000 was allocated at a uniform cut-off spread of +8.5 basis points over the reference bond, the DBR 0% 15 August 2050. Of the total amount 70% is allocated towards ‘real money’ accounts and 30% to ‘other’ accounts.

The issuance price was set at € 99.13, which corresponds to an issuance yield of 0.028%.

Please refer to the one-pager 30-year DDA for more details about the allocation.