(AFX UK Focus) 2010-03-10 12:05 UPDATE 2-Spain opens books on 5-year floating rate note (Interactive Investor)

10 March 2010, 4:29 am

MADRID, March 10 (Reuters) - Spain has opened its books on a 5-year syndicated euro benchmark floating rate note setting guidance of 3-month euribor plus 45 basis points, IFR, a Reuters service, said on Wednesday. "Demand (at 1112 GMT), is north of 1.5 billion euros ($2.04 billion) and there was no talk of closing the books yet," a trader said. Markets expect issuance to amount to around 3 ...... Read More »

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