By Emese Bartha
Finland on Wednesday sold 3 billion euros ($3.39 billion) of new government bonds dated April 2043, one of the bookkeepers said, as the issue attracted strong demand .
The new bond has a coupon of 0.50% and was priced 5 basis points below average swaps, at an issue price of 99.440 and a yield of 0.528%, the same bank said. The books for the bond closed more than 16 billion euros, including 1.3 billion euros in interest from co-lead managers, the same bank said.
The issue was the first sale of Finnish government bonds this year, with two more new issues scheduled for 2022.
The issue’s bookrunners were BofA, Danske Bank, Goldman Sachs Bank Europe, JPMorgan and Nordea.
Write to Emese Bartha at [email protected]