France Sells EU8.43 Billion in Debt, With Borrowing Cost Falling

France Sells EU8.43 Billion in Debt, With Borrowing Cost Falling

Balint Porneczi/Bloomberg

Carrying a higher credit rating than Spain or Italy and offering better returns than German securities, France finds itself in a sweet spot, drawing strong auction demand as bond investors give Hollande, the country’s first Socialist president in 17 years, the benefit of the doubt.