2026

Very great Success of Sfil’s second Public Issuance of 2026


Sfil Group has successfully launched its sixth public issuance of the year and its second issuance of 2026 on the SSA market. Amounting to EUR 1 billion with a short 7-year maturity, this transaction contributes to strengthening the liquidity and attractiveness of Sfil curve.

This issuance generated strong demand from investors, with the order book reaching EUR 2.25 billion. A total of 55 investors participated in the issuance, highlighting the market’s interest in the Sfil signature.

This transaction saw record participation from central banks and official institutions, accounting for 42% of the allocation—the highest level ever achieved for a euro-denominated issuance by Sfil.

With this sixth transaction of the year, Sfil Group has already completed nearly 80% of its 2026 funding program.

Transaction details
Sfil – EUR bond
EUR 1 billion / Maturity : March 7th 2033
Coupon : 3.5%
Spread : mid-swaps +61 bp / OAT +18 bp
Bookrunners: : Citibank, Crédit Agricole CIB, HSBC, La Banque Postale, Morgan Stanley, Société Générale CIB
Geographic distribution:
22% – Asia
16% – Nordics
16% – France
 15%  – United-Kingdom / Ireland
12% – Middle-East / Africa
 9% – Benelux
3% – Germany / Austria
 3%  – Iberian Peninsula
 2% – Central Europe
 2% – Italy
Distribution by investor type:
42% – Central banks and Official institutions
37% – Investment Managers
21% – Banks






The yield on this transaction stands at 61 basis points above the swap curve, corresponding to a spread of 18 basis points above the OAT

The strong demand and the quality of the investor base demonstrate the attractiveness of our signature in the bond market. I would like to thank our investors for their renewed trust. Their commitment is a key factor in the consistency and success of Sfil Group’s issuances.

Image sélectionnée

Philippe Mills

CEO of Sfil and Chairman

Press release

Very great Success of Sfil’s second Public Issuance of 2026

29/04/2026 18:15
pdf – 372.20 Ko