Saturday January 18, 2020

France raises more than €7bn ahead of election

France raised €7.43 billion through a debt sale today, close to the maximum it sought. Borrowing costs fell.

3rd May, 2012
French borrowing costs fell.

France raised €7.43 billion through a debt sale today, close to the maximum it sought. Borrowing costs fell.

France had targeted €7.5 billion euros in securities. It sold 3.32 billion of benchmark 10-year bonds at an average yield of 2.96 per cent compared with 2.98 per cent in the last auction on April 5th.

Spain today sold €2.52 billion of bonds, compared with a maximum target of €2.5 billion euros at an auction in Madrid today. Yields jumped.

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