Subtitle
TREASURY BONDS LINKED TO THE FRENCH CONSUMER PRICE INDEX (OATi)
ISIN Code
FR0012558310
Type of security
Linked to the final Consumer Price Index, excluding tobacco, for all households in metropolitan France and its Overseas Départements.
Currency of issue
Euro
Nominal value
1 Euro
Maturity date
Redemption
Using the following formula: face value × indexation coefficient at the redemption date, with a floor at par
Coupon
0.10% × par value x indexation coefficient
Interest
Annual, paid on 1 March of each year
Calculation basis: ACT/ACT
Calculation basis: ACT/ACT
Dated date
Benchmark on the OAT dated date
99.87331
Issuance procedure
“Dutch” auction
Issuance laws and regulations
2015 Budget Act 2014-1654 of 29 December 2014 (French only, no English version)
Decree 2014-1693 of 30 December 2014 on issuance of Treasury securities, and Article 1 in particular (French only, no English version)
Order creating the security
Decree of 13 February 2015 (NOR: FCPT1504254A - 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
Auction
Total amount issued
2,379,000,000
Weighted average price
104.80
Weighted average rate
-0.37
Date
Type of operation
Auction
Total amount issued
585,000,000
Weighted average price
112.63
Weighted average rate
-1.11
Date
Type of operation
Auction
Total amount issued
444,000,000
Weighted average price
102.97
Weighted average rate
-0.21
Date
Type of operation
Auction
Total amount issued
652,000,000
Weighted average price
100.87
Weighted average rate
0.01
Date
Type of operation
Auction
Total amount issued
927,000,000
Weighted average price
102.44
Weighted average rate
-0.17
Date
Type of operation
Auction
Total amount issued
381,000,000
Weighted average price
106.46
Weighted average rate
-0.61
Date
Type of operation
Auction
Total amount issued
864,000,000
Weighted average price
107.48
Weighted average rate
-0.74
Date
Type of operation
Auction
Total amount issued
596,000,000
Weighted average price
108.15
Weighted average rate
-0.83
Date
Type of operation
Auction
Total amount issued
546,000,000
Weighted average price
106.21
Weighted average rate
-0.67
Date
Type of operation
Auction
Total amount issued
550,000,000
Weighted average price
106.66
Weighted average rate
-0.74
Date
Type of operation
Auction
Total amount issued
711,000,000
Weighted average price
107.55
Weighted average rate
-0.89
Date
Type of operation
Auction
Total amount issued
1,088,000,000
Weighted average price
106.33
Weighted average rate
-0.77
Date
Type of operation
Auction
Total amount issued
534,000,000
Weighted average price
108.30
Weighted average rate
-1.10
Date
Type of operation
Auction
Total amount issued
251,000,000
Weighted average price
106.63
Weighted average rate
-1.09
Date
Type of operation
Auction
Total amount issued
583,000,000
Weighted average price
106.57
Weighted average rate
-1.16
Date
Type of operation
Auction
Total amount issued
260,000,000
Weighted average price
102.69
Weighted average rate
-0.46
Date
Type of operation
Auction
Total amount issued
787,000,000
Weighted average price
106.29
Weighted average rate
-1.54
Date
Type of operation
Auction
Total amount issued
655,000,000
Weighted average price
103.11
Weighted average rate
-1.14
Record of buybacks
Date
Type of operation
Rachat de gré à gré / Over-the-counter buybacks
Amount
100,000,000
Date
Type of operation
Rachat de gré à gré / Over-the-counter buybacks
Amount
960,000,000
Outstanding *
11,733,000,000