Advertisement
UK markets close in 6 hours 33 minutes
  • FTSE 100

    8,099.86
    +59.48 (+0.74%)
     
  • FTSE 250

    19,726.55
    +7.18 (+0.04%)
     
  • AIM

    755.10
    +0.41 (+0.05%)
     
  • GBP/EUR

    1.1672
    +0.0027 (+0.23%)
     
  • GBP/USD

    1.2522
    +0.0059 (+0.48%)
     
  • Bitcoin GBP

    50,940.80
    -2,192.05 (-4.13%)
     
  • CMC Crypto 200

    1,359.24
    -23.33 (-1.69%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CRUDE OIL

    82.97
    +0.16 (+0.19%)
     
  • GOLD FUTURES

    2,339.30
    +0.90 (+0.04%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    18,006.03
    -82.67 (-0.46%)
     
  • CAC 40

    8,067.78
    -24.08 (-0.30%)
     

Lloyds launches GBP 5yr benchmark at L+25bp

By Merle Crichton

LONDON, March 20 (IFR) -

* Books over £900mm. Spread set at three-month Libor plus 25bp. Books to go subject at 12.30 UKT. B&D: Lloyds. ISIN: XS1797949937 (11:49am)

* Books over £500m (10:17am)

* Guidance 3ML+27bp area. Due March 27 2023 (soft bullet). Settle March 27 2018. Rated Aaa/AAA by Moody's/Fitch. Listed London Stock Exchange (Other OTC: LDNXF - news) . Denoms 100K+1K. Books open, today's business.

* Lloyds Bank plc has mandated HSBC, Lloyds, RBC and TD Bank to joint lead manage a sterling benchmark 5-year covered FRN (08:38am) (Reporting by Merle Crichton)