France Plans €8B T-Bills Issue

France is seeking to raise €8 billion in a four-part sale of treasury bills.

France is seeking to raise €8 billion in a four-part sale of treasury bills, The Wall Street Journal reports. The first tranche comprises bills worth €4 billion maturing on October 13, 2011.

The second tranche of bills totaling €1 billion are due to mature on December 1, 2011. The third tranche worth €1.5 billion in bills is due on January 26, 2012, while the fourth tranche of bills totaling €1.5 billion will mature on June 28, 2012.

Click here for the story from The Wall Street Journal.