2008-06-11 New 5-year USD benchmark

After four benchmarks in the 10-year tenor issued in the years 2004 to 2007 EUROFIMA tapped the market with a 5-year USD 1 billion bond for the first time. Pricing was set at a spread of +78.25bps vs US Treasury (UST 3.5% May 2013). Joint bookrunners were Barclays, Goldman Sachs and Nomura.

The transaction extended the organizations USD benchmark curve which now stretches from 2013 till 2017. The investor base was again successfully broadened: More than 30 investors participated in the transaction with approximately one third of new accounts.

The geographical distribution was: Europe 45%, Asia 34%, America 21%. Distribution by investor type: Central Banks 61%, Asset Managers 21%, Funds 12%, Banks 6%.

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