EIB To Issue €3B In Bonds

The European Investment Bank has fixed the size of its euro area reference note bond at €3 billion.

The European Investment Bank (EIB) has fixed the size of its euro area reference note bond at €3 billion, Fox Business reports. The securities will mature in seven years. JPMorgan Chase and Co., RBC Capital Markets, Societe Generale, Commercial International Bank and UniCredit are lead managers for the offering. Final price guidance on the bond is 18 basis points over midswaps.

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