NIB launches deal in GBP

On 13 June, NIB launched a fixed-rate pound sterling issue totalling GBP 250 million. The deal due 7 June 2010 pays a coupon of 6.125%. BNP Paribas and UBS are joint lead managers of the transaction. This is NIB’s first transaction in pound sterling in the past few years. In the period of 1998-2002, the Bank raised in GBP bonds an amount corresponding to EUR 2.7 billion.