France's Caisse d'Amortissement de la Dette Sociale, or CADES, is planning to issue a five-year, dollar-denominated benchmark bond, one of the lead managers said Tuesday.

Price guidance has been set in the area of 40 basis points over mid-swaps.

Barclays PLC, Goldman Sachs Group Inc. and JP Morgan Chase & Co. have been hired to lead-manage the deal, which should be priced this week, subject to market conditions.

The issue will receive a triple-A rating from the three major ratings agencies.

-By Sonja Cheung, Dow Jones Newswires; +44 20 7842 9315; sonja.cheung@dowjones.com