Hello,
We have a credit line of $2bn as follows:
1) $1bn in Wachovia Bank in the US - We have a Bank letter and authorization to Verify by telephone/799
2) $1bn in Morgan Stanley in the US - Can Verify by telephone/799 (NO Letter)
Both banks can work with Euroclear/DTC - delivery MT760.
Both credit lines are already approved and we are able to execute a transaction immediately.
We prefer to buy MTNs and are interested in purchasing MTN's slightly seasoned at 55 points (contract 500 bn)
However as an alternative if available We are also interested in purchasing LTN' s from top 25 banks or treasury notes.
Please give me answer asap if you can supply us.
Thank you
Chris