Main features
| ISSUE | |||
| SICOVAM code | 020912 | ||
| Lead manager | CCF | ||
| Maturity | 11 May 2008 | ||
| Maturity when issued | 10 years | ||
| Average life when issued | 9,02 years | ||
| Issue Currency | FRF | ||
| Nominal amount | EUR 304,898,034.47 | ||
| Nominal rate | 4,71 % | ||
| Amortisation |
yearly, proportional to the level of the TEC 10 index, redemption at par:
*For intermediate stocks of the TEC 10, the amortisation rates are interpolated. |
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| "Clean up call"** | 5% **The issue is wholly reimbursed if less than 5% of the initial nominal amount remains. |
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| Issue date | 22 April 1998 | ||
| Settlement date | 11 May 1998 | ||
| Investor issue price | 100,000% | ||
| Investor actuarial rate | 4,710% | ||
| Spread compared with the State benchmark bond | 0.20% below the interpolation of the OAT 5.5% 25/04/2007 and the OAT 5.5% 25/10/2007 |