As considered in the 2025 State financing programme published in December 2024, Agence France Trésor announces the syndicated increase of the Green OAT 3.00% 25 June 2049 to be launched in the near future, subject to market conditions.
Joint Lead Managers will be Barclays, BNP Paribas, BofA Securities, Crédit Agricole CIB, HSBC and Natixis. All primary dealers will be invited to participate in the syndicate.
This reopening of the Green OAT, first launched in January 2024, confirms France’s commitment to foster the development of green finance and more generally its energy transition funding. In doing so, France reaffirms its market position as one of the most prominent sovereign green bond issuer.
This syndicated operation will contribute to the financing of the Green eligible expenditures for 2025.
The use of syndication complements traditional AFT auctioned operations, which will remain the usual AFT practice for bonds’ outstanding increase, including for this Green OAT. The current outstanding of the 2049 Green OAT amounts to €9.9 bn, following its initial syndication in January 2024 and a subsequent tap via auction.
Contact:
+33 1 4004 1550– contact@aft.gouv.fr