The French government will sell a record amount of bonds to investors next year as it faces a surge in Covid-era debt due for redemption and needing to be refinanced, the public debt management office said on Tuesday amid mounting concern about France's surging public deficit and borrowing rates.
France indicated Tuesday it plans to borrow a record amount on the bond market next year, even as worries about the government's spending has seen borrowing rates hit levels unseen since the global financial crisis.