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Headline: An attractive product in the shop window Source: Euromoney Date: November 2001 Author: Julie Dalla-Costa Index-linked bonds “Why do car companies sell different models?” posits a banker. “They hope that by diversifying what they sell they’ll capture a bigger audience and reduce their overall cost of funding.” And so it is with the new French issue linked to the eurozone price index. “This is another product range in the shop window,” he adds. At the recommendation of the Agence France Trésor (AFT), the debt agency for the French finance ministry, the French government decided to issue a bond linked to the eurozone index (OATei). |
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