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France 20y OAT: Spread set

EGB SYNDICATION
  • Spread set at 0.50% May-40 OAT +7bps (guidance had been +8bps area)
  • Books in excess of E23bln inc E1.4bln JLM interest
  • Size : EUR benchmark (MNI expects E5-7bln)
  • Maturity : 25th May 2043
  • Settlement : 13 September 2022 (T+5)
  • Coupon : 2.5%, annual ACT/ACT, payable each 25th May. Full first coupon on 25th May 2023
  • ISIN : FR001400CMX2
  • Bookrunners : BNPP(DM and B&D)/BofA/DB/HSBC/JPM
  • Timing : Books to close at 10:45BST / 11:45CET
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