Dexia to be joint bookrunner on Land Berlin 15 yr bond issue |
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Published
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Tue, 27 Feb 2007 15:48
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BRUSSELS (AFX) - Dexia group's Dexia Capital Markets said it will be the joint bookrunner of Land Berlin's 15-year German domestic municipal bond.The 750 mln eur issue will mature on April 25, 2022, and was priced at a yield of 4.346 pct.'This transaction allows Berlin to optimise its financing structure while profiting from historically still low long rates and the flat yield curve,' the group said in a statement.nina.chestney@thomson.comnc/rfwCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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