MF selects 5 banks to issue 20-year Eurobonds

Banks Citi, HSBC, ING, Societe Generale and UniCredit were chosen by the Ministry of Finance to conduct the issue of bonds denominated in euros which will mature in 20 years. The transaction is expected to be undertaken in the nearest future, the ministry said. "The Ministry of Finance informs that banks Citi, HSBC, ING, Societe Generale and UniCredit were mandated to organize the reopening of 20-year Eurobonds, issued in January 2016 with a maturity on January 18, 2036," a statement read. Earlier in January, the Ministry of Finance sold 10-year benchmark Eurobonds at a nominal value of €1 billion with a bond yield of 1.542 percent, and 20-year Eurobonds at a value of €0.75 billion with a bond yield of 2.471 percent.