Cades equals its record for biggest ever euro social bond

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By Burhan Khadbai, Lewis McLellan
29 Sep 2020

French agency Caisse d'Amortissement de la Dette Sociale returned to the euro social bond market on Tuesday, equalling its impressive achievement earlier this month to print another €5bn deal.

Commerzbank, HSBC, Natixis and Société Générale ran the books for the February 2028 benchmark, opening books at 20bp over the OAT curve interpolated between the May 2027 1% and the May 2028 0.75%.

The first update showed the deal was going to be a ...

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