February 12, 2025 14:51 GMT
EGB SYNDICATION: France new 30-year OAT: Priced
EGB SYNDICATION
- Reoffer: 98.74 to yield 3.819%
- Size: E8bln (MNI expected a E8-10bln size)
- Spread earlier set at 3.25% May-55 OAT + 4bp (guidance: was 7bps area then revised to +5bps +/-1 WPIR)
- Benchmark spot ref: 90.55 mid / 3.779%
- Books above E115bln (including E2.84bln JLM interest)
- Maturity: 25 May 2056
- Settlement: 19 February 2025 (T+5)
- ISIN: FR001400XJJ3
- Coupon: 3.75% Fixed, annual ACT/ACT, payable each 25 May. Full first coupon on 25 May 2025
- Bookrunners: BNPP (DM and B&D) / Citi / DB / JPM / SG
- Timing: TOE 14:36GMT / 15:36CET. FTT immediately.
From market source
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