European bonds attract 89 billion euros amid the chaos of customs duties
The European Union has attracted investment requests worth more than 89 billion euros as part of the reopening of two exemptions of its bonds, citing the steadfastness of the primary market in Europe, despite the fluctuations caused by US customs duties. The two -slide transaction contains a version of 5 billion euros from the European Union bonds with a yield of 2.625% owed in July 2028, and is expected to be priced at 14 basis points above the average rate of barter and changing interest rates at the final conditions. The federation reopened the amount of its bonds in October 2052 by a yield of 2.5% by one billion euros, to 3 billion euros, after demand was more than 49 billion euros, compared to 40 billion euros on the shorter segment. According to a person familiar with the matter, it is scheduled to praise at 126 basis points above the average rate of barter and changing interest. The 2028 disc is expected to be sold with a new release bonus estimated at 2.07 basis points, while the 2052 chip offers an extra bonus of 2.38 basis points, according to Bloomberg accounts using the CBB price source. The strength of the European market in an additional indication of the European primary market duration, the Lower Soxonia State has also launched a standard ten years of 500 million euros, without the intention to rise, as investor requests have so far exceeded 1.5 billion euros, according to another person familiar with the case. The agreement is 44 basis points above the exchanges. The activity in Europe, which also includes a sale of the German company “Fonovia”, was a remarkable variation with the United States, as no new US investment bonds have been issued since Wednesday morning. However, the activity is still limited to the safest issues, while over the past few days several businesses with investors are expected to arise. The role of banks “BNP Paribas”, “Deutsche Bank”, “JPMorgan”, “Natixis”, and Nomura, in the arrangement of the European Union, expected to praise later today. This agreement comes in a time of revival of tension in the markets, after America imposed new customs duties on its commercial partners last week. The indicators of the risk of failure to pay the credit, which is used as a measure of credit risks, rose to the highest levels on Monday, but showed signs of cautious recovery on Tuesday morning.