Norway Raises NOK3 Billion in February 2027 Bond Auction

By Emese Bartha Features Dow Jones Newswires

The Norwegian debt management office sold 3 billion Norwegian krone ($351 million) in its 2027-dated government bond at an auction Wednesday.

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The following are results of the auction, with amounts in NOK. Figures in brackets are data from the previous auction held on March 29.

Issue 1.75% Feb. 17, 2027

Amount on offer 3 bln

Bids received 6.663 bln

Bids accepted 3 bln

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Bid-to-cover ratio 2.22 (2.30)

Yield 1.65% (1.70%)

Allotment price 100.93 (100.43)

Settlement date April 28, 2017

-Write to Emese Bartha at emese.bartha@wsj.com

(END) Dow Jones Newswires

April 26, 2017 05:28 ET (09:28 GMT)