UNEDIC issued bonds with a maturity of 6 years and a volume of 1 billion €
Guiadance: Mid swap plus 75 bp
The French unemployment UNEDIC issued a bond with a maturity of 6 years. Expect a spread of around 75 basis points over mid swap. The bond is guaranteed explicitly by the French state. The transaction is supported by BNP Paribas, Natixis and Societe Generale CIB. of the transaction:
Issuer: UNEDIC
guarantor: France
Ratings: Aaa (neg), AA + (neg), AAA (neg)
Volume: Benchmark
duration: 06/01/2018
Settlement: 06/01/2012
Guiadance: Mid swap plus 75 bp
Denomination: EUR 100,000
Listing: Paris
Bookrunner: BNP Paribas, Natixis and Societe Generale CIB