Reported 8 months ago
France's first bond sale after President Emmanuel Macron called a snap election was successful, with solid demand indicating that political uncertainty is not deterring new buyers. The Treasury in Paris raised €10.5 billion through auctions of three- to eight-year bonds, matching the upper end of their target. Bids were 2.41 times the total amount sold, and investors are cautiously optimistic despite concerns about yields and the upcoming election.
Source: YAHOO