Instituto de Crédito Oficial--ICO.

The article offers information on the bond issued by Instituto de Crédito Oficial (ICO) on September 2, 2008. It is worth &Euro;1 billion (bn) and has a triple-A rating. BNP Paribas, Goldman Sachs, Royal Bank of Scotland acted as joint bookrunners in this deal. The market was stable in terms of swap spreads and yields, the bookrunners said. In terms of distribution, Europe took 58%, Middle East 17%, Asia 20% and the Americas 5%. Central banks took almost half with banks and asset managers accounting for 43% and 12% respectively.