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BCS Barclays PLC

10.67
0.05 (0.47%)
Pre Market
Last Updated: 11:49:36
Delayed by 15 minutes
Name Symbol Market Type
Barclays PLC NYSE:BCS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.05 0.47% 10.67 127,921 11:49:36

Spain Plans New 15-Year Government Bond

24/02/2015 5:20pm

Dow Jones News


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Spain plans to launch a new 15-year government bond in the near future, one of the banks hired for the transaction said Tuesday, as the country seeks to reap the benefit of rock-bottom borrowing costs.

Government bond yields in the eurozone are at or near record lows, as the European Central Bank's planned bond purchase program is expected to drive debt yields even lower, at least in the coming months.

The banks hired for the issuance of the new bond, which matures on July 30, 2030, are Barclays, BBVA, BNP Paribas, Citi, Santander GBM and Societe Generale CIB.

The planned bond will add a new maturity year for Spain, which currently doesn't have any publicly issued government bonds expiring between January 2029 and July 2032.

Write to Emese Bartha at Emese Bartha@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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