Germany's Rentenbank guides five-year notes at 12 bps over mid-swaps

By Aleesia Forni

Virginia Beach, Feb. 11 - Landwirtschaftliche Rentenbank announced price guidance for its planned benchmark-sized offering of notes on Tuesday in the area of 12 basis points over mid-swaps, according to a market source.

The bookrunners are Citigroup Global Markets Inc., Daiwa Securities, Goldman Sachs & Co. and TD Securities.

The notes are guaranteed by the Federal Republic of Germany.

The German development agency for agribusiness is based in Frankfurt.

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