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

CADES   -   139 rue de Bercy   -   75012 PARIS