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France to sell record €340 billion bonds in 2027

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Story summary
  • France's government will sell a record €340 billion of bonds in 2027.
  • The AFT agency said borrowing is €28 billion higher than in 2026.
  • The issue will fund spending and repay maturing debt.
  • France forecasts a 4.3% yield for its 10-year bonds in 2027.
  • 10-year French bonds traded at 4.8% on Tuesday's secondary market.