Subtitle
TREASURY BONDS LINKED TO THE EURO AREA PRICE INDEX (OAT€i)
ISIN Code
FR001400QCA1
Type of security
Linked to the euro area Harmonised Index of Consumer Prices, excluding tobacco
Currency of issue
Euro
Nominal value
1 Euro
Maturity date
Redemption
face value × indexation coefficient at the redemption date, with a floor at par
Coupon
0.95% × par value x indexation coefficient
Interest
Annual, paid on 25 July of each year
Calculation basis: ACT/ACT
Calculation basis: ACT/ACT
Dated date
Benchmark on the OAT dated date
122.80548
Issuance procedure
Syndication for the first issuance, then “Dutch” auctions for the following issuances
Issuance laws and regulations
2024 Budget Act n°2023-1322 of 29 December 2023 (French only, no English version)
Decree n°2023-1326 of 29 December 2023 on issuance of Treasury securities, and Article 1 in particular (French only, no English version)
Order creating the security
to be determined
Legal characteristics
RegS, 144A
Like all euro area bonds, the bonds issued after 1 January 2013 have collective action clauses (CACs), which means that they are not fungible with bonds issued prior to this date.
Like all euro area bonds, the bonds issued after 1 January 2013 have collective action clauses (CACs), which means that they are not fungible with bonds issued prior to this date.
Strippable
Yes, as of 29 May 2024
Record of outstandings
Date
Type of operation
Syndication
Total amount issued
4,000,000,000
Weighted average price
99.41
Weighted average rate
0.98
Outstanding *
4,000,000,000