CDC to finish 2020 programme with MTNs

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By Frank Jackman
09 Sep 2020

French agency Caisse des Dépôts et Consignations is planning to round off its 2020 funding through private placements. It was last active in the market at the end of last week, selling a long dated callable bond to an investor hunting for a yield pick-up versus Bunds.

“We have €500m allocated to private placements left to fund this year, having already issued around €800m across 12 deals so far,” said Pauline Morel, a member of the financing team at CDC.

CDC’s next private placement redemption is in early October, when a pair of dollar ...

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