The bond drew 11.5 billion euros of demand, which the Agence France Tresor (AFT) agency said was the biggest order book collected for one of its inflation-linked bonds.

The bond carries a coupon of 0.10 percent and was priced with a real yield of -0.361 percent at issuance, which the AFT said reflected a record low for that type of bond issued by syndication.

The joint lead managers were Barclays, BNP Paribas , HSBC, JPMorgan and Natwest Markets , the AFT said.

 

Copyright Reuters, 2018