Demand for Belgium dual-tranche deal over 15bn

April 28, 2016 10:54 AM

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LONDON, April 28 (IFR) - Combined demand for Belgium's dual-tranche seven and 50-year bond is in excess of 15bn, according to a lead.

Demand for the seven-year is over 7.7bn, including 2bn of joint lead manager interest. The spread has been fixed at 13bp through mid-swaps, following guidance of less 12bp area and initial talk of less 11bp area.

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