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-EIB sets guidance on bond issuance.

Global Banking News-May 15, 2012--EIB sets guidance on bond issuance(C)2012 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 15 May 2012

The European Investment Bank (EIB) is planning a tap of its 3.5 percent April 2027 bond.

Price guidance is in the area of 84 basis points over mid-swaps. Credit Agricole SA (EPA: ACA) (CAGR CAGR

See: Compound Annual Growth Rate
.PA) (OTC: CRARY), DZ Bank, Goldman Sachs Group Inc (NYSE NYSE

See: New York Stock Exchange
: GS) and Royal Bank of Scotland Group The Royal Bank of Scotland Group plc (LSE: RBS) is a British banking and insurance holding company based in Edinburgh, Scotland, UK.[1] It includes The Royal Bank of Scotland plc [2]) founded in 1727 by a Royal Charter of King George I.  Plc (LSE: RBS) (NYSE: RBS-PP) are the lead managers of the sale.

The issuer is rated triple-A by all three of the major ratings companies.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

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Publication:Global Banking News (GBN)
Date:May 15, 2012
Words:122
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