By Laura Contemori – ROME (Econostream) – France’s Agence France Trésor (AFT) on Thursday issued €14 billion across four long-term OATs.

AFT sold €2.700 billion of the OAT 1.25% due May 25, 2036, at a weighted average price of 80.15% and a weighted average rate of 3.68%, for a bid-to-cover ratio of 3.31.

For the OAT 3.70% due November 25, 2036, AFT allotted €7.025 billion at a weighted average price of 99.74% and a weighted average rate of 3.73%. The bid-to-cover ratio was 2.38.

For the OAT 4.50% due April 25, 2041, the agency allotted €2.099 billion at a weighted average price of 105.14% and a weighted average rate of 4.03%, for a bid-to-cover ratio of 2.10.

Finally, the agency sold €2.176 billion of the OAT 4.10% due May 25, 2046, at a weighted average price of 97.69% and a weighted average rate of 4.27%, for a bid-to-cover ratio of 2.36.

Total bids amounted to €35.177 billion.

Settlement for all four lines was scheduled for July 6, 2026. The total amount issued could be increased by second-round non-competitive bids on July 3, 2026.