Markets
French new-issue bond yields higher
PARIS: France raised 6.976 billion euros in new two and five-year government bond sales on Thursday but was forced to pa
17 Nov 2011
PARIS: France raised 6.976 billion euros in new two and five-year government bond sales on Thursday but was forced to pay a higher yield amid acute concerns over the euro-zone debt crisis.
The AFT state debt management agency announced the sale of the BTAN bonds, fixed rate treasuries with annual interest, shortly after the spread between German and French debt hit its highest level since the launch of the euro.
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