Main features
Size of programme | FRF 50 000 000 000 |
Nature of programme | Short-term money market instruments maturing in less than one year. |
Form | CADES commercial paper |
Placement agents | BNP, CCBP, CCF, CDC, CNCA, Crédit Lyonnais, CPR, Banque Indosuez, Louis Dreyfus Finance, Banque Paribas, Société Générale |
Ratings | A1+ IBCA, A1+ S&P. |
Issue mode | Chronogically, with positions being taken up by placement agents |
Paying agent | The French treasury |