France Issues EUR3 Billion in March 2039 OATi
June 07 2023 - 8:00AM
Dow Jones News
By Emese Bartha
France issued 3 billion euros ($3.21 billion) in a government
bond indexed to the French consumer price index excluding tobacco
via a bank syndicate, one of the bookrunner banks said.
The new March 2039 OATi has a 0.55% coupon, with the orderbook
closing over EUR21.5 billion, including EUR2.5 billion in joint
lead manager interest, the same bank said.
The spread of the new bond was set 13 basis points above the
real yield of the 0.10% March 2036 OATi.
Bookrunner banks of the issue were Barclays, BNP Paribas, Credit
Agricole CIB, Deutsche Bank and J.P.Morgan.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
June 07, 2023 07:45 ET (11:45 GMT)
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