By Emese Bartha


France issued 4 billion euros ($4.34 billion) in new government bonds linked to the European harmonized index of consumer prices, excluding tobacco, known as OATei, via a bank syndicate on Wednesday, one of the bookrunner banks said.

The new July 2043 OATei has a 0.95% coupon, the same bank said. Books for the transaction closed in excess of EUR40 billion, including EUR4.4 billion joint lead manager interest.

The spread was set 7 basis points above the real yield of the 1.80% July 2040 OATei, the same bank said.

Joint lead managers of the transaction were BNP Paribas, Citi, Credit Agricole CIB, HSBC, J.P. Morgan and Morgan Stanley.


Write to Emese Bartha at emese.bartha@wsj.com


(END) Dow Jones Newswires

05-22-24 0642ET