CADESi Listed On BondVision

BondVision today announced the listing of inflation-linked bonds issued by Caisse d'Amortissement de la Dette Sociale (CADES). The bonds, which are being listed in response to market demand, will be available on the BondVision system from tomorrow, May 20.

BondVision Dealers, who are already committed to quote inflation-linked bonds issued by the French State, will provide liquidity for the following securities:

• FR0000492308 - CADESi 3.15 % Jul 2013 (€2.3 billion outstanding);
• FR0000489734 - CADESi 3.40 % Jul 2011 (€1.85 billion outstanding);
• FR0000498248 - CADESi 3.80 % Jul 2006 (€3.18 billion outstanding).

These issues complement the existing CADES benchmarks on the system.

The introduction of these bonds, which follows the recent listing of ERAP's EMTN program, underlines the importance of BondVision to both European issuers and the buy side investor community as a system for enhancing price discovery, liquidity and transparency. BondVision lists over 700 euro-denominated fixed income securities, the widest pool of instruments available in the investor-based electronic marketplace. Securities from non-euro zone countries will also be introduced shortly in response to the requests of BondVision Clients.