CEB issues £400m benchmark due December 2025
The Council of Europe Development Bank (CEB) has priced a new £400 million five-year benchmark due 15 December, 2025.
BofA Securities, Citi, Deutsche Bank AG were Joint Lead Managers. The benchmark carries an annual coupon of 0.375%. This transaction adds a new 2025 maturity to the issuer’s sterling curve between 2022 and 2027, offering investors a new liquid pricing reference.