France Gets Lowest 5-Year Yield at $11B Debt Sale
France sold five-year notes at record low borrowing costs as it auctioned 8.96 billion euros ($11 billion) in debt, helped by President Francois Hollande’s budget cuts and the European Central Bank’s rate reductions.
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Eid-Oakden: Across Arab World Public Sectors Are Bloated
55:17 - Florence Eid-Oakden, founder, chief executive officer and chief economist at Arabia Monitor, discusses Saudi Arabia's public sector, the outlook for the Saudi economy and the record Saudi bond sale. She speaks to Tracy Alloway on "Bloomberg Markets: Middle East." (Source: Bloomberg)