It will price at a spread of 10 basis points over Germany's
outstanding bond due August 2052, according to the memo, down
from 11.5 basis points when the sale first started.
Germany hired Citi, Deutsche Bank, JPMorgan, Morgan Stanley
and Nomura to run the sale on Wednesday.
(Reporting by Yoruk Bahceli; editing by Dhara Ranasinghe)
Feb 23 (Reuters) - Germany will raise 4 billion euros on
Thursday from the syndicated re-opening of its outstanding
August 2053 bond, bringing its total size to 10.5 billion euros,
according to memos from two lead managers seen by Reuters.
The deal saw 40 billion euros of final investor demand,
including 7 billion euros from the banks running the sale, the
memo said.
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