Germany hires banks for syndicated 30-year bond re-opening - lead managers

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 22 (Reuters) - Germany hired banks on Wednesday to launch a syndicated re-opening of an outstanding 30-year government bond, according to memos from two lead managers seen by Reuters. Germany will reopen its existing bond, due August 15 2053, and the deal will be launched "in the near future, subject to market conditions," the memo said, a phrase debt management offices usually use a day before a sale.


Germany hired Citi, Deutsche Bank, JPMorgan, Morgan Stanley and Nomura to run the sale, the memos said.
(Reporting by Yoruk Bahceli, editing by Dhara Ranasinghe)

Messaging: yoruk.bahceli@thomsonreuters.com))
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