Sylvain de Forges, who created European inflation-linked government bonds during his time as chief executive of Agence France Trésor, is trying to do the same for the corporate market. The question now is, will other non-government borrowers follow suit?
Veolia Environnement, where de Forges is now director of financial operations, opened the books on its €600 million 10-year bond indexed to European inflation on June 6 and closed them two days later. The bond yields 1.79%
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