By Laura Contemori – ROME (Econostream) – France’s Agence France Trésor (AFT) on Monday allotted €7.089 billion across four fixed-rate discount Treasury bills (BTFs). 

AFT allotted €2.898 billion of the 13-week BTF due November 25, 2026, at a weighted average rate of 2.502%, with a marginal rate of 2.505% and a bid-to-cover ratio of 4.04. 

It allotted €500 million of the 14-week BTF due December 2, 2026, at a weighted average rate of 2.495%, with a marginal rate of 2.500% and a bid-to-cover ratio of 5.23. 

The agency allotted €1.897 billion of the 28-week BTF due March 10, 2027, at a weighted average rate of 2.675%, with a marginal rate of 2.680% and a bid-to-cover ratio of 3.56. 

It also allotted €1.794 billion of the 50-week BTF due August 11, 2027, at a weighted average rate of 2.832%, with a marginal rate of 2.835% and a bid-to-cover ratio of 3.53. 

Total bids amounted to €27.408 billion. 

Settlement for all four lines was scheduled for August 26, 2026. 

AFT said the total amount issued may be increased by non-competitive bids 2 (NCT2), which will take place on August 25, 2026.