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Markets

France to sell 6.5-8bn euros of long-term bonds

Published Updated

euroPARIS: France plans to auction between 6.5 billion and 8.0 billion euros of long-term bonds, or OATs, on Feb. 2, debt management agency Agence France Tresor said.

On offer will be the 4.25 percent October 2018 bond, the 2.5 percent October 2020 OAT and, for the first time, a 3.0 percent OAT with a maturity of April 2022. All lines have a settlement date of Feb. 7.

AFT also said it would auction four lines of its Treasury bills or BTFs on Jan. 30, raising between 6.8 billion and 8.3 billion euros.

AFT will auction 3.6 billion to 4.0 billion euros of its 12-week BTF, 1.7 billion to 2.1 billion euros of its 23-week T-bill, 700 million to 1.0 billion euros of its 41-week BTF and 800 million to 1.2 billion euros of its 49-week BTF.

Copyright Reuters, 2010

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