In a bowl whisk together the eggs, eggnog, cream, vanilla, nutmeg and cinnamon.
Add the bread cubes to a 9 x 13 baking dish.
Pour the milk mixture over the bread and gently stir to ensure that all the ingredients are evenly distributed and the bread is covered in the milk mixture.
Cover and put in your fridge overnight.
In the morning, sprinkle with cinnamon and sugar, and add to a cold oven.
Turn the oven to 350 degrees and bake for about 1 hour, or until the pudding is puffed and firm in the center.
Caramel Sauce:
While the bread pudding is baking, you can make the caramel sauce that you will drizzle over this delicious dish.
In a sauce pan melt the butter, then add the brown sugar and cream. Stir over low heat until the sauce thickens.
Set aside to cool slightly. Serve the baked french toast warm with the warm caramel sauce!