Subtitle
TREASURY BONDS (OBLIGATIONS ASSIMILABLES DU TRÉSOR - OAT)
ISIN Code
FR001400XJJ3
Type of security
Nominal, fixed rate
Currency of issue
Euro
Nominal value
1 Euro
Maturity date
Redemption
Redeemed at par on maturity date
Coupon
3.75%
Interest
Annual, paid on 25 May of each year
Calculation basis: ACT/ACT
Calculation basis: ACT/ACT
Dated date
Issuance procedure
Syndication for the first issuance, then “Dutch” auctions for the following issuances
Issuance laws and regulations
Special Law No. 2024-1188 of 20 December 2024 provided for by Article 45 of the Organic Law of 1 August 2001 on Budget Laws (French only, no English version)
Decree No. 2024-1206 of 23 December 2024 on issuance of Treasury securities (French only, no English version)
Order creating the security
Decree of 12 February 2025 NOR:ECOT2504476A (French only, no English version)
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
Record of outstandings
Date
Type of operation
Syndication
Total amount issued
8,000,000,000
Weighted average price
99.74
Weighted average rate
3.82
Outstanding *
8,000,000,000