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

By Burhan Khadbai
19 Jan 2021

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.

Leads BNP Paribas, Deutsche Bank, HSBC, JP Morgan and Société Générale opened the books on France’s new May 2072 euro benchmark with guidance of 9bp area over the 1.75% May 2066 OAT.

The deal was later launched with a size of €7bn at ...

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