Playing it right in Asia

The sinking fund established to clean up France’s social debt is increasingly targeting Asian bond investors hungry for yield

Playing it right in Asia

Caisse d’Amortissement de la Dette Sociale, better known as Cades, is a French public agency. Although the French state does not explicitly guarantee its debt, it bears ultimate responsibility for Cades’s solvency, according to credit rating agencies Fitch and Standard Poor’s.

The organisation has already popped up on the radar screens of some Asian investors and they have enthusiastically subscribed to its recent debt issues in their quest for low-risk yield. Now Cades is looking...

To continue reading, please login or register for free

Click for more on: cades | bonds | debt | public debt | france

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...