By Rebecca Melvin and Cristal Cody
Concord, N.H., March 16 – Bank of England priced $2 billion of 2% three-year notes on Tuesday to yield Treasuries plus 10 basis points, according to an informed source.
The notes were guided to the Treasuries plus 12 bps area from initial talk for a yield in the Treasuries plus 13 bps area.
BofA, BMO, Citigroup and JPMorgan are handling the Rule 144A and Regulation S sale.
London-based Bank of England is the central bank of the United Kingdom.
Issuer: | Bank of England
|
Amount: | $2 billion
|
Issue: | Notes
|
Maturity: | March 21, 2025
|
Bookrunners: | BofA, BMO, Citigroup and JPMorgan
|
Coupon: | 2%
|
Price: | 99.728
|
Spread: | Treasuries plus 10 bps
|
Trade date: | March 15
|
Distribution: | Rule 144A and Regulation S
|
Price talk: | Guided to Treasuries plus 12 bps area from initial talk of Treasuries 13 bps area
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.