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Europe Daily Bulletin No. 10525

6 January 2012
ECONOMY - FINANCE - BUSINESS / (ae) france
Ten-year borrowing costs rise

Brussels, 05/01/2012 (Agence Europe) - France rolled over its first batch of sovereign debt this year on Thursday 5 January, raising nearly €8 billion over ten years at an average of 3.29%, higher than for the most recent similar emission (3.18% in December 2011), but with a higher subscription rate. France will need to roll over €178 billion in total in 2012, and is threatened with a possible downgrading of its credit rating by Standard and Poor's. (MB/transl.fl)

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