Price guidance on the bonds was set at a spread of around 15
basis points below the mid-swap level on the green bond, and a
spread of around 57 basis points over mid-swaps on the 30-year
bond, the memos said.
Austria hired Barclays, BofA, Deutsche Bank, Erste Group,
JPMorgan and Morgan Stanley for the sale on Monday.
(Reporting by Yoruk Bahceli; editing by Dhara Ranasinghe)
(Fixes typo in headline)
April 18 (Reuters) - Austria started selling a new green
bond and a conventional 30-year bond on Tuesday, according to
memos from two lead managers seen by Reuters.
The green bond, which matures on May 23, 2029, will raise 3
billion euros, while the 30-year bond, which matures on 20
October 2053, will raise 2 bilion euros, according to the memos.
The green bond, which funds environmentally beneficial
projects, will be Austria's second after it sold its first green
bond last year.
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