By Laura Contemori – ROME (Econostream) – France’s Agence France Trésor (AFT) allotted €7.485 billion of fixed-rate discount Treasury bills (BTFs) at an auction on Monday. 

AFT sold €3.298 billion of a 14-week BTF maturing October 14, 2026, €1.897 billion of a 27-week BTF maturing January 13, 2027, €390 million of a 45-week BTF maturing May 20, 2027, and €1.900 billion of a 49-week BTF maturing June 16, 2027. 

Total bids amounted to €25.781 billion, resulting in bid-to-cover ratios of 3.03 for the 14-week line, 3.40 for the 27-week line, 6.96 for the 45-week line, and 3.49 for the 49-week line. 

The 14-week BTF was allotted at a marginal rate of 2.380%, the 27-week BTF at 2.460%, the 45-week BTF at 2.525%, and the 49-week BTF at 2.550%. 

The weighted average rates were 2.374% for the 14-week BTF, 2.455% for the 27-week BTF, 2.517% for the 45-week BTF, and 2.548% for the 49-week BTF. 

Settlement for all four lines was scheduled for July 8, 2026. 

The total amount issued may be increased through non-competitive bids 2 (NCT2) to be held on July 7, 2026.