France Debt Demand Surges as Blue Owl Executes $1.4B Asset Sale

Key TakeawaysFrance successfully auctioned €1.495 billion in inflation-linked bonds, with demand for long-dated 2040 maturities reaching a bid-to-cover ratio of 3.22x.Blue Owl Capital (OWL) offloaded $1.4 billion in direct lending assets to institutional investors at 99.7% of par value, aimed at returning capital to shareholders.UK manufacturing orders improved slightly to -28 in February, matching estimates, but selling price expectations of 26 came in higher than the forecasted 23.The German government cl ...