OAT 8.50% 25 October 2019

Subtitle
TREASURY BONDS (OBLIGATIONS ASSIMILABLES DU TRÉSOR - OAT)
ISIN Code
FR0000570921
Type of security
Nominal, fixed rate
Currency of issue
Euro
Nominal value
1 Euro
Maturity date
Redemption
Redeemed at par on the maturity date
Coupon
8.50%
Interest
Annual coupons paid in arrears on 25 October each year. In 1989, the dated date for each issue is 25 January 1989. The coupon is not for a full coupon period; it is prorated between the dated date (25 January 1989) and 25 October 1989. The dated date for the October 1989 issue has been set at 25 October 1989 for the purpose of calculating a full coupon period.
Calculation basis : ACT/ACT
Issuance procedure
“Dutch” auction
Issuance laws and regulations

1989 Budget Act 88-1149 of 23 December 1988 (French only, no English version)

Decree 89-4 of 4 January 1989 on issuance of government bond January 1989 and authorising issuance of Treasury bonds (French only, no English version)

Order of 10 January 1989 on issuance of the January 1989 series of French Treasury bonds (French only, no English version).

Order of 7 March 1989 on insuance of the March 1989 series of French Treasury bonds (French only, no English version).

Order of 19 May 1989 on issuance of the May 1989 series of French Treasury bonds (French only, no English version).

Order of 11 July 1989 on issuance of the July 1989 series of French Treasury bonds (French only, no English version).

Order of 9 August 1989 on issuance of the August 1989 series of French Treasury bonds (French only, no English version).

Order of 10 October 1989 on issuance of the October 1989 series of French Treasury bonds (French only, no English version).

Order of 13 December 1989 on issuance of the December 1989 series of French Treasury bonds : page 1 / page 2 (French only, no English version)

1990 Budget Act 89-935 of 29 December 1989 (French only, no English version)

Decree 89-1012 of 29 december 1989 on issuance of government bond January 1990 and authorising issuance of Treasury bonds (French only, no English version) : page 1 / page 2

Order of 8 February 1990 on issuance of the February 1990 series of French Treasury bonds (French only, no English version).

Order of 18 April 1990 on issuance of the April 1990 series of French Treasury bonds (French only, no English version).

Order of 18 June 1990 on issuance of the June 1990 series of French Treasury bonds (French only, no English version).

Order of 8 August 1990 on issuance of the August 1990 series of French Treasury bonds (French only, no English version).

Order of 15 October 1990 on issuance of the October 1990 series of French Treasury bonds (French only, no English version).

Order of 12 December 1990 on issuance of the December 1990 series of French Treasury bonds (French only, no English version).

Ordinance 45-679 of 13 April 1945 on the requirement for banks, financial institutions and certain bodies to deposit their Treasury notes on current accounts

1991 Budget Act 90-1168 of 29 December 1990 (French only, no English version)

Decree 90-1218 of 31 December 1990 on issuance of Treasury securities, and Article 3 in particular (French only, no English version)

Order of 28 February 1991 on issues of Treasury securities in January 1991

Order of 16 April 1991 on issuance and buybacks of Treasury securities in March 1991 : page 1 / page 2
Order of 18 June 1991 on issuance and exchanges of Treasury securities in May 1991 : page 1 / page 2

Order of 9 September 1991 on insuance of the July 1991 series of French Treasury bonds (French only, no English version) : page 1 / page 2
Order of 17 October 1991 on insuance of the september 1991 series of French Treasury bonds (French only, no English version) : page 1 / page 2

Order of 17 December 1991 on insuance of the November 1991 series of French Treasury bonds (French only, no English version)

Order of 29 January 1992 on iunsuance of Decembre 1991 series of French Treasury bonds (French only, no English version) : page 1 / page 2

 

Legal characteristics
Third tranche of January 1989 Government bond
Strippable
Yes
Record of outstandings
Date
Type of operation
Auction
Total amount issued
422,283,778
Weighted average price
95.76
Weighted average rate
8.89
Date
Type of operation
Auction
Total amount issued
376,091,726
Weighted average price
89.91
Weighted average rate
8.89
Date
Type of operation
Auction
Total amount issued
471,219,912
Weighted average price
93.45
Weighted average rate
9.13
Date
Type of operation
Auction
Total amount issued
580,220,960
Weighted average price
95.73
Weighted average rate
8.90
Date
Type of operation
Auction
Total amount issued
451,249,091
Weighted average price
100.01
Weighted average rate
8.49
Date
Type of operation
Auction
Total amount issued
573,818,101
Weighted average price
94.85
Weighted average rate
9.00
Date
Type of operation
Auction
Total amount issued
274,408,231
Weighted average price
93.90
Weighted average rate
9.09
Date
Type of operation
Auction
Total amount issued
327,612,938
Weighted average price
89.25
Weighted average rate
9.59
Date
Type of operation
Auction
Total amount issued
377,311,318
Weighted average price
88.85
Weighted average rate
9.63
Date
Type of operation
Auction
Total amount issued
341,485,799
Weighted average price
86.35
Weighted average rate
9.93
Date
Type of operation
Auction
Total amount issued
266,785,780
Weighted average price
87.87
Weighted average rate
9.76
Date
Type of operation
Auction
Total amount issued
259,925,574
Weighted average price
79.92
Weighted average rate
10.77
Date
Type of operation
Auction
Total amount issued
64,059,077
Weighted average price
84.82
Weighted average rate
10.13
Date
Type of operation
Auction
Total amount issued
564,518,711
Weighted average price
85.66
Weighted average rate
10.02
Date
Type of operation
Auction
Total amount issued
888,320,423
Weighted average price
94.24
Weighted average rate
9.05
Date
Type of operation
Auction
Total amount issued
258,401,084
Weighted average price
95.98
Weighted average rate
8.88
Date
Type of operation
Auction
Total amount issued
44,210,215
Weighted average price
92.72
Weighted average rate
9.22
Date
Type of operation
Auction
Total amount issued
63,906,628
Weighted average price
94.66
Weighted average rate
9.02
Date
Type of operation
Auction
Total amount issued
590,130,146
Weighted average price
96.11
Weighted average rate
8.87
Date
Type of operation
Auction
Total amount issued
603,850,557
Weighted average price
95.03
Weighted average rate
8.98
Record of buybacks
Date
Type of operation
Over-the-counter buybacks
Amount
436
Date
Type of operation
Over-the-counter buybacks
Amount
125,000,000
Date
Type of operation
Over-the-counter buybacks
Amount
380,000,000
Outstanding *
8,844,392,893