Spain Euro Benchmark 2020 Bond Guidance At Swaps + 2.00 Area

6th Jul 2010 09:10

LONDON (Dow Jones)--The Kingdom of Spain has set price guidance on its 10-year, fixed rate, euro-denominated benchmark bond in the area of 200 basis points over midswaps, one of the banks running the sale said Tuesday. Barclays PLC, Deutsche Bank AG, Banco Bilbao Vizcaya Argentaria SA, Banco Santander SA, Credit Agricole SA, and Caja de Madrid are joint lead-managers on the deal. Spain is rated Aaa by Moody's Investors Service Inc., AA by Standard and Poor's Corp and AA+ by Fitch Ratings Inc. -By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259; [email protected] (END) Dow Jones Newswires July 06, 2010 04:10 ET (08:10 GMT)