Third benchmark bond issue for AFL in 2022

On November 7th, AFL, the bank of French Local Authorities, successfully raised €500 million on the financial markets in a highly volatile environment. This new syndicated issue is AFL’s third benchmark transaction this year, following the €500 million 7-year sustainable issue in January and the £250 million 3-year transaction in February.

The order book, in excess of €1.7 billion, demonstrates the confidence of investors in the bank of local authorities, and confirms the success of its model aiming at pooling together financial needs of its members.


Find out more in our press release.