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***Fairly quick redistribution and other........>

OAT
OAT: ***Fairly quick redistribution and other selling after the French auction
this morning. SEF picking up 200mln of the OAT 0.75% May-28 traded at 1003GMT at
a price of 0.977 and E100mln of the OAT 1.25% May-34 at 1006GMT at 0.987.

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