Barclays Capital, Calyon and Credit Suisse First Boston are well placed to win a share of the mandate to arrange a new benchmark bond for RTVE, the Spanish broadcaster, which will boost sluggish supply in the European corporate debt market.

RTVE has not yet picked bookrunners for the bond, which will be worth €1.5bn ($2bn), making it the company's largest euro-denominated deal. The Spanish broadcaster rarely raises funding in the bond markets and has issued just one deal each year for the past five years.