02 December 2008: Agence France Trésor annonces a debt exchange transaction

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Agence France Trésor will carry out a debt exchange transaction on December 4th 2008, at 10:50 a.m (settlement on December 9th). In response to a proposal from the primary dealers, and given demand on 30 years bonds, AFT will issue OAT 4% 25 octobre 2038 in exchange of OAT 5.75% 25 octobre 2032 subject to buyback (minimum of 81 bonds provided for 100 bonds issued). The exchange process will be an auction at multiple prices and the settlement will be done without cash payment. Subject to market conditions, the amount of the OAT 2038 issued will be between 0 and €1.5bn.

ISIN CODES 
OAT 4% 25 octobre 2038 : FR0010371401
OAT 5,75 % 25 octobre 2032 : FR0000187635
 

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