Unédic wraps up guaranteed programme with third social bond

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Unédic wraps up guaranteed programme with third social bond

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Low angle view of three french flags blowing in the wind, decking an haussmannian building in Paris, France, on a sunny summer day. | Olivier Rateau/olrat - stock.adobe.com

Unédic came to the market for its third social bond on Thursday after making its debut in the format less than two months ago. The deal extends the French agency’s social curve out to 15 years and completes its €10bn explicitly guaranteed funding allowance for 2020.

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