Caisse d’Amortissement de la Dette Sociale — Cades
Guarantor: Republic of FranceRating: Aa1/AA+/AAAAmount: 2.5bnMaturity: 25 May 2018Issue/re-offer price: 99.499Coupon: 1%Spread at re-offer: mid-swaps plus 17bp; 17.1bp over the 1% May 2018 BundLaunch date: Tuesday 26 MarchPayment date: 4 AprilJoint books: BNP Paribas, Credit Suisse, HSBC, Natixis
Borrowers comment:This might not have been an ideal week for issuance ...
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