Israel receives around EUR5.75bn in orders for 10-year bond

Wed Jan 22, 2014 10:26am EST

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LONDON, Jan 22 (IFR) - The State of Israel has received orders worth around EUR5.75bn for its planned issuance of a EUR1.5bn 10-year bond, according to market sources.

The sovereign set a final spread of 90bp over mid-swaps for the new issue, which is expected to price later on Wednesday.

Barclays, Citigroup and Goldman Sachs are the lead managers on the deal.

(Reporting by Davide Scigliuzzo; Editing by Sudip Roy)