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France aims to match UK inflation-linked bond market

France is hoping to bring its issuance of inflation-linked government bonds in line with the more developed UK market, so that they make up one third of its total debt issuance in the coming years.

France will sell €110bn ($108.5bn) of government debt next year, 10% of which will be in the form of inflation-linked bonds, or 'OATi'. In the UK inflation-linked debt represents approximately 35% of government bond issuance so far this year, up from 18% in 2001.

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