By Emese Bartha
The Dutch State Treasury Agency issued 5 billion euros ($5.31 billion) in the tap of the 2.00% January 2054-dated government bond, or DSL, via a Dutch Direct Auction on Tuesday, it said.
In a DDA, the DSTA acts as the sole bookrunner.
The cut-off spread was set at 18 basis points above the yield of Germany's 2.50% August 2054 Bund, it said.
Total bids amounted to EUR14.720 billion, a lower volume than indicated in earlier stages of the bookbuilding.
The total share allocated to real money investors--those who buy bonds aiming to hold it for long term, often until maturity--, was 77.04%, while 22.96% was allocated to others, the DSTA said.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
04-16-24 0638ET
