Dutch financial services group ING Group (ING.AS)(ING.N) has issued 4 billion euros ($5 billion) worth of bonds with a maturity of 5 years which are guaranteed by the Dutch government, it said on Friday.
ING said in a statement the issue was priced at a fixed rate of 3.375 percent, 75 basis points over mid-swaps, and was part of ING's plan to issue a maximum of 10 billion euros in government guaranteed bonds as part of a deal with the Dutch state last month. [ID:nLQ108896]
It issued $6 billion of 3-year state-guaranteed bonds on Jan. 30. [ID:nWEA4313] ($1=.7952 Euro) (Reporting by Gilbert Kreijger)