Czech Republic to sell €1 billion 15-year bonds at mid-swaps plus 10 to 12 bps

By Reshmi Basu

New York, March 9 - The Czech Republic (A1/A-/A-) set price guidance for its €1 billion offering of 15-year bonds at mid-swaps plus 10 to 12 basis points, according to a market source.

Deutsche Bank, JP Morgan and ABN Amro are managing the sale.

Pricing is taking place this week.

In June, the country priced €1.5 billion 10-year notes at 99.772 to yield 12 basis points over mid-swaps.

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