The Dutch State reopens the DSL 2047
On Tuesday 25 May 2021, the Dutch State Treasury Agency (DSTA) will reopen the ‘DSL 2.75% 15 January 2047’.
The characteristics of this bond are:
|
Maturity date |
15 January 2047 |
|
Coupon |
2.75% |
|
Issue date |
25 May 2021 |
|
Settlement date |
27 May 2021 |
|
Target amount |
€ 1.0 to € 2.0 billion |
|
Current outstanding amount |
€ 16,540,187,000 |
|
First issue of this bond |
18 February 2014 |
On the issue date at 10 a.m. (CET), the DSTA will announce the price at which Primary Dealers can buy the bond. 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 Primary Dealers and the borrowing conditions 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.