The French government announced it will launch the first inflation-linked bond in the euro area.
Due July 25, 2009, the issue will have a minimum size of 20 billion French francs ($3.3 billion). BNP, Barclays Capital and Societe General have been appointed as joint lead managers, and all primary dealers will be included in the syndicate.
The issue's official launch will follow investor presentations in Paris, Milan, Amsterdam, London, Frankfurt and New York.
