France’s First Bond Sale Via Banks Since May Gets Snapped Up
Tue, Jan 21, 2025 5:04 PM

France’s First Bond Sale Via Banks Since May Gets Snapped Up

A Flip by Shubhangi Gupta
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France’s first syndicated bond sale in about eight months met a flood of investor demand as the new government attempts to muster enough support to pass a much-needed budget. Orders for the new note maturing in 2042 blasted past €100 billion ($104 billion), potentially a record. Tuesday’s offering will price at eight basis points over comparable bonds, according to people familiar with the matter.

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