FRANCE DEBT AGENCY (AFT) SELLS TOTAL €4.0B VS. €3.0-4.0B INDICATED RANGE IN 2023, 2025 AND 2027 OATS
- Sells €2.075B in 1.75% May 2023 OAT; Yield: 0.76% v 0.94% prior; bid-to-cover2.03 x v 2.62x prior
- Sells €1.332B in 6.0% Oct 2025 OATs; avg yield 1.11% v 3.31% prior; Bid-to-cover: x v 2.50x prior
- Sells €590M in 2.75% Oct 2027 OAT; Yield 1.39% v 1.61% prior; bid-to-cover 2.09x v 2.60x prior