Spain Sells EUR8 Bln in New 10-Year Bond – MarketWatch

By Emese Bartha

Spain sold 8 billion euros ($9.54 billion) in a new October 2031-dated government bond Tuesday, said one of the lead manager banks.

Books for the new 10-year Spanish issue closed in excess of EUR74 billion, including EUR6.71 billion trading interest from the joint lead managers, said the same bank.

The spread on the new bond was set 8 basis points above the yield of the 0.10% April 2031 peer–the current 10-year Spanish benchmark.

Lead manager banks of the issue were Barclays, BBVA, Citi, Credit Agricole CIB, J.P.Morgan and Morgan Stanley.

Write to Emese Bartha at