France issues EUR8 billion in new government bonds

  • France issues EUR8 billion in new May 2055 OAT
  • Books for the bond closed above EUR75 billion
  • Joint lead managers of the issue are BNP Paribas, Citi, Deutsche Bank, HSBC, and Societe Generale

France issued 8 billion euros ($8.68 billion) in new 3.25% May 2055-dated government bonds, or OATs, via a bank syndicate on Tuesday. The books for the new ultralong government bond closed above EUR75 billion, including EUR4.3 billion in joint lead manager demand. The spread on the bond was set at the mid-yield of the 3% May 2054 OAT plus 3 basis points. The joint lead managers of the issue are BNP Paribas, Citi, Deutsche Bank, HSBC, and Societe Generale.

Factuality Level: 8
Factuality Justification: The article provides specific details about the issuance of new government bonds by France, including the amount, interest rate, closing of books, spread, and lead manager banks. The information is factual and directly related to the main topic without any irrelevant details or bias.
Noise Level: 2
Noise Justification: The article provides clear and concise information about the issuance of new government bonds by France. It sticks to the relevant details without any irrelevant or misleading information. The article also includes key details such as the amount issued, the closing of books, the spread on the bond, and the joint lead managers involved.
Financial Relevance: Yes
Financial Markets Impacted: Government bond market
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to the issuance of new government bonds in France, which is relevant to the financial markets. However, there is no mention of any extreme event or its impact.
Private Companies: BNP Paribas,Citi,Deutsche Bank,HSBC,Societe Generale
Key People:

Reported publicly: www.marketwatch.com