France sets spread on dual tranche euro bond

April 12, 2016 10:09 AM

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LONDON, April 12 (IFR) - The Republic of France has set the spread on its dual tranche euro-denominated benchmark-sized bond, according to a lead manager.

The sovereign will price a 20-year bond at 14bp over the April 2035 OAT and a 50-year bond at 18bp over the April 2060 OAT.

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