By Laura Contemori – ROME (Econostream) – Agence France Trésor (AFT) allotted €7.898 billion of fixed-rate discount Treasury bills (BTFs) at an auction on Monday.

AFT sold €3.199 billion of a 14-week BTF maturing September 16, 2026, €500 million of a 15-week BTF maturing September 23, 2026, €2.100 billion of a 27-week BTF maturing December 16, 2026, and €2.099 billion of a 49-week BTF maturing May 20, 2027.

Total bids amounted to €23.542 billion, resulting in bid-to-cover ratios of 2.87 for the 14-week line, 6.70 for the 15-week, 2.91 for the 27-week and 2.34 for the 49-week.

The 14-week and 15-week BTFs were allotted at marginal rates of 2.365%, while the 27-week and 49-week lines were allotted at 2.510% and 2.675%, respectively.

Weighted average rates were 2.361% for the 14-week BTF, 2.363% for the 15-week BTF, 2.507% for the 27-week BTF and 2.667% for the 49-week BTF.

Settlement for all four lines was scheduled for June 10, 2026.

The total amount issued may be increased through non-competitive bids 2 (NCT2) to be held on June 9, 2026.