Subtitle
TREASURY BONDS LINKED TO THE FRENCH CONSUMER PRICE INDEX (OATi)
ISIN Code
FR0013524014
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
104.39000
Issuance procedure
Syndication for the first issuance, then “Dutch” auctions for the following issuances
Issuance laws and regulations
2020 Budget Act n°2019-1479 of 28 December 2019 (French only, no English version)
Decree n°2019-1545 of 30 December 2019 on issuance of Treasury securities, and Article 1 in particular (French only, no English version.)
Order creating the security
Decree of 8 July 2020 (NOR : ECOT2017454A - 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, as from 15 July 2020
Record of outstandings
Date
Type of operation
Syndication
Total amount issued
3,000,000,000
Weighted average price
112.03
Weighted average rate
-0.63
Date
Type of operation
Auction
Total amount issued
556,000,000
Weighted average price
116.81
Weighted average rate
-0.91
Date
Type of operation
Auction
Total amount issued
486,000,000
Weighted average price
117.14
Weighted average rate
-0.94
Date
Type of operation
Auction
Total amount issued
275,000,000
Weighted average price
117.49
Weighted average rate
-0.98
Date
Type of operation
Auction
Total amount issued
393,000,000
Weighted average price
119.49
Weighted average rate
-1.10
Date
Type of operation
Auction
Total amount issued
310,000,000
Weighted average price
114.56
Weighted average rate
-0.87
Date
Type of operation
Auction
Total amount issued
550,000,000
Weighted average price
117.46
Weighted average rate
-1.06
Date
Type of operation
Auction
Total amount issued
232,000,000
Weighted average price
113.91
Weighted average rate
-0.85
Date
Type of operation
Auction
Total amount issued
355,000,000
Weighted average price
98.50
Weighted average rate
0.21
Date
Type of operation
Auction
Total amount issued
520,000,000
Weighted average price
93.52
Weighted average rate
0.61
Date
Type of operation
Auction
Total amount issued
450,000,000
Weighted average price
97.16
Weighted average rate
0.32
Date
Type of operation
Auction
Total amount issued
682,000,000
Weighted average price
87.52
Weighted average rate
1.19
Date
Type of operation
Auction
Total amount issued
561,000,000
Weighted average price
92.35
Weighted average rate
0.76
Date
Type of operation
Auction
Total amount issued
763,000,000
Weighted average price
93.27
Weighted average rate
0.69
Date
Type of operation
Auction
Total amount issued
492,000,000
Weighted average price
89.91
Weighted average rate
1.02
Date
Type of operation
Auction
Total amount issued
665,000,000
Weighted average price
90.14
Weighted average rate
1.01
Date
Type of operation
Auction
Total amount issued
641,000,000
Weighted average price
90.06
Weighted average rate
1.03
Date
Type of operation
Auction
Total amount issued
518,000,000
Weighted average price
88.68
Weighted average rate
1.18
Date
Type of operation
Auction
Total amount issued
781,000,000
Weighted average price
86.43
Weighted average rate
1.45
Outstanding *
12,230,000,000