France out for 50 year as sovs look long

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By Lewis McLellan
18 Jan 2021

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.

Belgium and Portugal are also expected to come to the market, perhaps as early as this week. “Belgium will wait to see how France goes and could be this week or next week,” said a head of SSA syndicate. Belgium may also look to access the 50 year ...

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