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AFT sold E8.11bln OATs vs....>

FRANCE AUCTION RESULTS: AFT sold E8.11bln OATs vs target E8bln-E9bln. Low end of
range and poor auction
- E5.211bln of OAT 0.75% May-28; avg yield 0.76% (0.76%); cover 1.43 (1.57x)
- E1.335bln of OAT 1.25% May-36; avg yield 1.35% (1.38%); cover 1.9 (1.76x)
- E1.565bln of OAT 2% May-48; avg yield 1.75% (1.74%); cover 1.99 (1.42x)

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