France Sells Bonds Due in 2066
France is set to be the latest euro-region nation to offer new ultra-long debt. Its Treasury in Paris announced it intends to sell bonds due in May 2036 and May 2066 in the near future. That only trails Ireland and Belgium with government debt maturing later, which have international bonds due in about 100 years, albeit with amounts outstanding of 100 million euros or less. France last sold new 50-year bonds in 2010. Bloomberg’s Anooja Debnath discusses with “On the Move” host Guy Johnson in London and Hans Nichols in Berlin.
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