Italy extends dollar curve with new 30 year

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By Burhan Khadbai
29 Apr 2021

Italy returned to the dollar market this week with a dual tranche offering of new three and 30 year bonds, with the latter extending the sovereign’s curve in the currency to 2051.

After taking indications of interest on Monday with initial price thoughts of mid-swaps plus 60bp area for the three year and mid-swaps plus 200bp area for the 30 year, leads CitiDeutsche Bank and Morgan Stanley opened the books on Tuesday with guidance of plus 55bp area for the three ...

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