By Laura Contemori – ROME (Econostream) – The Federal State of Brandenburg on Thursday priced a €750 million state Treasury note (Landesschatzanweisung).
The senior unsecured note carries a 3.625% fixed annual coupon and will mature on September 30, 2030.
The deal was reoffered at a price of 99.821 for a yield of 3.674%, 5bp over mid-swaps.
Settlement is scheduled for September 30, 2026.
DZ Bank, HSBC, J.P. Morgan, LBBW and Raiffeisen Bank International acted as joint lead managers.
The deal was executed at 13:25 CET (12:25 UK time).