Posted: February 7, 2023 10:03 a.m. ET
By Emese Bartha
France on Tuesday issued 5 billion euros ($5.36 billion) in a new government bond dated May 2054, or OAT, through a banking syndicate, one of the main managing banks said.
The books closed above 46 billion euros, including 2.25 billion euros in joint lead manager interest, the same bank said. This is slightly lower than the request of more than 47 billion euros…
By Emese Bartha
France on Tuesday issued 5 billion euros ($5.36 billion) in a new government bond dated May 2054, or OAT, through a banking syndicate, one of the main managing banks said.
The books closed above 46 billion euros, including 2.25 billion euros in joint lead manager interest, the same bank said. This is slightly lower than the request of more than 47 billion euros indicated at the time of the closing of the book.
The spread of the bond was set at 9 basis points above the yield of the OAT 0.75% May 2053, specifies the same bank. The bond, which has a 3% coupon, was priced at 97.422, yielding 3.13%, the bank said.
The lead managers of the operation were BNP Paribas, Citi, Crédit Agricole CIB, HSBC and Société Générale.
Write to Emese Bartha at [email protected]
