France in the news

• Cades GBP1.5bn 0.125% Dec 25 social bond

  • 21 Jan 2021

• France EUR7bn 0.5% May 72

  • 21 Jan 2021

• France smashes 50 year as EU preps first SURE deal of 2021

  France stole the limelight in the euro public sector bond market this week as it set new records for 50 year benchmarks in terms of size, demand and yield. But next week all eyes will be firmly fixed on the EU, which is set to bring its first bond of the year under its Support to Mitigate Unemployment Risks in an Emergency (SURE) funding programme.

  • 21 Jan 2021

• Cades brings first ever SSA sterling social bond

  Caisse d’Amortissement de la Dette Sociale (Cades), the agency responsible for financing and amortising French social security debt, printed a £1.5bn social bond on Wednesday — the first ever deal in that currency and format from a public sector borrower.

  • 20 Jan 2021

• France smashes order book record with new 50 year as long end rush extends

  France set a new order book record with its new 50 year syndicated bond on Tuesday. Two other public sector borrowers joined the sovereign at the long of the euro curve.

  • 19 Jan 2021

• France out for 50 year as sovs look long

  Spreads have moved away from their tightest levels, but issuers do not seem put off. France will extend the flood of long end deals with its first 50 year OAT syndication in almost five years on Tuesday.

  • 18 Jan 2021

• SNCF SA EUR1.5bn 1% Jan 61

  • 14 Jan 2021

• Deutsche Bahn steams into Swissies

  After a near two year absence, Deutsche Bahn pulled into the Swiss franc market to issue 15 year debt with no new issue premium this week, landing inside its own euro curve.

  • 14 Jan 2021

• Dollars scorching as Cades gets monster 10 year

  The dollar market is on an unbelievably hot streak, with deal after deal smashing records thanks to cash-rich investors and higher yields in the US Treasury market.

  • 12 Jan 2021

• Cades lines up 10 year dollar deal as US Treasury yields climb

  Caisse d'Amortissement de la Dette Sociale hit screens on Monday morning to announce a 10 year dollar benchmark, following the example set by Inter-American Development Bank’s enormous success in the tenor last week.

  • 11 Jan 2021

• Cades funding needs to soar to €40bn

  Caisse d’Amortissement de la Dette Sociale (Cades), the agency responsible for financing and amortising French social debt, plans to raise almost twice as much as it did this year and more than 10 times what it had initially expected to raise in 2020 before the onset of the coronavirus pandemic.

  • 17 Dec 2020

• France and Belgium announce 2021 funding

  France and Belgium announced borrowing programmes for 2021 this week. France is aiming for the same amount as this year, while Belgium is paring back its needs.

  • 10 Dec 2020

• France looks to long end for hefty funding programme

  France has lined up its 2021 funding programme, looking to sell some long end syndications and to return to the green bond market for its sophomore outing in the format.

  • 10 Dec 2020

• Italy prints bumper private floater

  Italy returned to the private placement market to print one of the year’s largest MTNs on Thursday. The deal stood out this week, since issuance in the market has started to wind down ahead of Christmas.

  • 27 Nov 2020

• Wallonia, Cades bring what may be year's last SSA benchmarks

  Two public sector borrowers hit the euro bond market on Wednesday, raising what might well be the final benchmark funding of 2020.

  • 25 Nov 2020