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Decent French LT OAT auction

FRANCE AUCTION RESULTS
  • That was a decent French LT OAT auction with the lowest accepted price above the pre-auction mid-price for both OATs that were reopened.
  • This was the launch auction for the 10-year 3.00% May-33 OAT and the first auction of both the 20-year 2.50% May-43 OAT (launched via syndication in September) and the 3.00% May-54 OAT (launched via syndication in February).

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