LONDON, Jan 9 (IFR) - Belgium has fixed pricing terms on its
new 10-year euro bond (OLO 68) at mid-swaps plus 62bp area, said
a bank managing the syndicated deal.
The sovereign, rated Aa3/AA/AA, set guidance at swaps plus
63bp area when books opened, after initially marketing the deal
to investors at mid-swaps plus mid-60bp via lead banks Barclays,
Citigroup, RBS and Societe Generale on Wednesday morning.
The size of the deal is yet to be announced, but lead
managers said earlier that order books had reached EUR4.5bn.
The transaction, which is Belgium's first euro bond sale via
syndication in nearly nine months, will price later on
(Reporting By John Geddie; Editing by Natalie Harrison)