By Laura Contemori – ROME (Econostream) – France’s Agence France Trésor (AFT) on Thursday allotted €1.410 billion across three inflation-indexed government bonds (OATs).

AFT allotted €415 million of the OAT€i 1.80% due July 25, 2040, at a weighted average price of 97.66% and a weighted average rate of 1.99%, for a bid-to-cover ratio of 3.05.

For the OAT€i 0.10% due July 25, 2053, AFT allotted €320 million at a weighted average price of 56.31% and a weighted average rate of 2.29%. The bid-to-cover ratio was 3.58.

For the OATi 0.10% due March 1, 2032, the agency allotted €675 million at a weighted average price of 90.97% and a weighted average rate of 1.81%, for a bid-to-cover ratio of 2.47.

Total bids amounted to €4.080 billion.

Settlement for all three lines was scheduled for July 20, 2026.

AFT said the total amount issued could be increased by non-competitive bids 2 (NCT2) on July 17, 2026.