Deutsche Bank acts as joint lead manager for States of Guernsey debut bond issuance
19 February 2015
Contact: Andreas Tautscher
Source: Deutsche Bank press release
In December 2014, Guernsey's Government announced the completion of a £330 million bond issuance for its inaugural States of Guernsey bond.
The bond issue was over-subscribed, showing a strong level of investor interest, which enabled the States of Guernsey to secure a fixed rate of interest of 3.375% per year, with a final maturity of December 2046. This represents the lowest ever coupon for a long sterling deal from a non-UK Government guaranteed issuer.
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