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France Sells E10.355bn of OATs

FRANCE AUCTION RESULTS
  • E6.810bn of the 0% Nov-31 OAT: average yield 0.13% (0.00%%), bid-to-cover x1.73 (1.65x), average price 98.67, pre-auction mid-price 98.59
  • E1.800bn of the 0.50% May-40 OAT: average yield 0.62% (0.43%), bid-to-cover 2.51x (2.30x), average price 97.89, pre-auction mid-price 97.76
  • E1.745bn of the 0.75% May-52 OAT: average yield 0.93% (0.78%), bid-to-cover 2.25x (2.30x), average price 95.25, pre-auction mid-price 94.98

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