It completed the euro benchmarks curve. It also increased its diversification of its issues in different currencies. Dexia MA was present in private placements, to satisfy the specific needs of certain investors.
Issued in 2011 : EUR 6.1 billion
In 2011, two new issues were launched, with the following characteristics.
- EUR 1.0 billion, maturity May 2016 (5 years),
- EUR 1.0 billion, maturity January 2021 (10 years).
The year’s other public issues mainly represented taps of euro benchmarks with maturity in
- February 2018 (EUR 300 million), bringing the total to EUR 1.3 billion,
- February 2019 (EUR 200 million), bringing the total to EUR 1.82 billion,
- September 2020 (EUR 500 million), bringing the total to EUR 1.25 billion.
- January 2021 (EUR 1000 million), bringing the total to EUR 2.0 billion,
- January 2022 (EUR 400 million), bringing the total to EUR 1.9 billion.
and taps of existing Swiss-franc issues
- February 2016 (CHF 250 million), bringing the total to CHF 450 million,
- August 2019 (CHF 125 million), bringing the total to CHF 475 million.
Private placements in 2011 amounted to EUR 1.4 billion. They took the form of EMTN or registered covered bonds (RCB). RCB is a private placement format designed for German investors. These issues make it possible to meet the specific needs.
Breakdown of operations issued in 2011
List of issues outstanding as of December 31, 2011