ECU-EMS information. 6 1990 Monthly

Eurostat

Description

Theme 2 ISSN 1011-0844 Economy and finance Series Β ã Short-term trends eurostat ECU­EMS information 6 D 1990 Monthly DOMESTIC ISSUES ACCOUNT FOR A MAJOR PORTION OF ECU­DENOMINATED BONDS. Issues on the Euro-market are launched by some size have general features very close to syndicates of banks of different nationalities, those of Eurobonds. whereas domestic issues are placed on the The Spanish authorities recently announced that market by one or more exclusively national they would float, perhaps towards the end of the financial institutions. Some ECU 4 600 million year, a second tranche of their borrowing of ECU were borrowed during the first five months of 500 million in Spanish Treasury notes. This new 1990 by means of domestic bond issues tranche should be fully fungible with the first denominated in ecus (excluding short-term issue. paper), which is equivalent to nearly 90% of the The French Treasury have announced that a amounts raised on the Euro-market by issues second tranche of ECU 450-500 million of its denominated in ecus during the same period. 9.5% OAT maturing in the year 2000 will be Since 1988 domestic issues have amounted to issued on 26 June. the equivalent of 80-90% of the amounts raised Detailed statistics by type of domestic issue will on the Euro-market, whereas previously they be found in the additional centre page came to only 20-30%. supplement of this bulletin.

Sujets

• Economie gestion

Informations

• Publié par: EUROSTAT
• Nombre de lectures: 36
• Langue: English
• Poids de l'ouvrage: 2 Mo

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