By Laura Contemori – ROME (Econostream) – Agence France Trésor (AFT) allotted €13.497 billion of long-term French government bonds (OATs) on Thursday across four maturities.
AFT allotted €7.213 billion of the 3.50% OAT maturing November 25, 2035, €2.506 billion of the 3.60% OAT maturing May 25, 2042, €1.867 billion of the 4.10% OAT maturing May 25, 2046, and €1.911 billion of the 4.40% OAT maturing May 25, 2057.
Total bids reached €27.139 billion.
The November 25, 2035 OAT was issued at a weighted average yield of 3.61% and a weighted average price of 99.10, with a bid-to-cover ratio of 2.05. Some 71.34% of the amount served was at the stop price of 99.08.
The May 25, 2042 bond was issued at a weighted average yield of 4.09% and a weighted average price of 94.34, with a bid-to-cover ratio of 2.02. The full amount served was at the stop price of 94.28.
The May 25, 2046 OAT was issued at a weighted average yield of 4.22% and a weighted average price of 98.45, with a bid-to-cover ratio of 1.95. The full amount served was at the stop price of 98.36.
The May 25, 2057 bond was issued at a weighted average yield of 4.48% and a weighted average price of 98.75, with a bid-to-cover ratio of 1.92. The full amount served was at the stop price of 98.64.
Settlement for all four lines was scheduled for May 11, 2026.
