By Emese Bartha
France sold 5 billion euros ($5.93 billion) in new, May 2053-dated government bonds, or OATs, via a bank syndicate on Tuesday, said one of the bookrunner banks.
The spread on the bond was set three basis points above the 0.75% May 2052-dated OAT, said the same bank. The new bond, which carries a 0.75% coupon, was priced at 95.376, at a reoffer yield of 0.918%. The transaction attracted more than EUR28 billion in demand.
Lead manager banks of the deal were Barclays, BNP Paribas, BofA Securities, Credit Agricole CIB and Nomura.
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(END) Dow Jones Newswires