FX/BondsIMPORTANT
France sells EUR 12.991bln vs Exp. EUR 11-13bln 2.40% 2029, 2.70% 2031, 3.25% 2032 and 2.00% 2032 OAT
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France sold EUR 12.991bln of 2029, 2031, and 2032 OAT bonds, reaching near the upper target of EUR 11-13bln.
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2.40% 2029: b/c 2.93x (prev. 3.66x) & average yield 3.59% (prev. 3.17%) 2.70% 2031: b/c 2.73x (prev. 3.59x) & average yield 3.78% (prev. 3.37%) 3.25% 2032: b/c 2.22x (prev. 2.89x) & average yield 3.92% (prev. 3.52%) 2.00% 2032: b/c 2.48x (prev. 4.00x) & average yield 4.01% (prev. 3.22%)
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