As considered in the 2025 State financing programme published in December 2024, Agence France Trésor announces a syndicated tap of the inflation-linked OAT, the OAT€i 0,95% 25 July 2043, in the coming days, depending on market conditions.
The joint lead managers will be BNP Paribas, Crédit Agricole CIB, Citi, J.P. Morgan, Morgan Stanley and Société Générale. All primary dealers will be part of the syndicate.
Syndication is used to complement auctions and does not exclude taps of the security by auction in the future. Auctions will still be the usual way to tap the security, as it is the case for other OATs. The outstanding amount of the OAT€i 2043 currently stands at €4.6 bn, following the initial syndication in May 2024 and one tap via through auction since its launch.
Contact:
+33 1 4004 1550 – contact@aft.gouv.fr