The Public Debt Management Organization announced the start of the procedures for the issuance of a five-year bond. Actually, it won't be five years, but lasting five years and a few months since it will expire in April 2024.
Goldman Sachs has been appointed underwriters of the issue, JP Morgan, Morgan Stanley, Merrill Lynch, HSBC and Societe Generale.
In the announcement of ODDIX, the amount expected to be raised by the public is not mentioned either, nor when the bid book will open, but according to information and under the condition that there will not be any major disturbance in the markets, the process will start and finish tomorrow and the goal of the amount that will be raised by the public reaches the 2 di. euro.
Bond performance according to market factors, it is estimated that it will be formed at its level 3,5% – 3,6%.