FX/BondsIMPORTANT

France sells EUR 12bln vs Exp. EUR 10-12bln 2.70% 2031, 0.00% 2031, 3.25% 2032 and 3.50% 2033 OAT

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France reported EUR 12bln of OAT sales across four lines, with reported average yields of 4.01%–4.41%; the source does not detail allocations or prior-comparison dates.

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2.70% 2031: b/c 2.32x (prev. 2.73x), average yield 4.01% (prev. 3.78%) 0.00% 2031: b/c 2.30x, average yield 4.10% 3.25% 2032: b/c 2.30x (prev. 2.22x), average yield 4.16% (prev. 3.92%) 3.50% 2033: b/c 2.23x (prev. 2.67x), average yield 4.41% (prev. 3.58%)

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