By Laura Contemori – ROME (Econostream) – Agence France Trésor (AFT) on Monday raised €7.593 billion through the sale of four Treasury bills (BTFs).

The auction included a 12-week BTF maturing on September 9, 2026, a 13-week BTF maturing on September 16, 2026, a 26-week BTF maturing on December 16, 2026, and a 52-week BTF maturing on June 16, 2027.

The agency allotted €400 million of the 12-week bill from €2.87 billion of bids, resulting in a bid-to-cover ratio of 7.18. The bill cleared at a weighted average yield of 2.327%, with a marginal yield of 2.330%.

The 13-week BTF attracted €9.145 billion of demand and was allotted for €3.197 billion with a bid-to-cover ratio of 2.86. The weighted average yield was 2.352%, while the marginal yield was 2.355%.

For the 26-week bill, bids totaled €6.348 billion and €1.898 billion was allotted, corresponding to a bid-to-cover ratio of 3.34. The weighted average yield was 2.465% and the marginal yield was 2.475%.

The 52-week BTF drew €5.848 billion of bids, of which €2.098 billion was accepted, for a bid-to-cover ratio of 2.79. The bill was allotted at a weighted average yield of 2.602%, with a marginal yield of 2.610%.

Settlement for all four lines was scheduled for June 17, 2026.

The total amount issued may be increased through non-competitive bids 2 (NCT2), which will take place on June 16, 2026.