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France Sells E5.981bln of BTFs vs E4.4-6.0bln Target

FRANCE T-BILL AUCTION RESULTS
  • E2.493bln of 12-week Apr 14, 2021 BTFs:
    • Average yield -0.625% (-0.623%)
    • Bid-to-cover 3.84x (4.08x)
  • E1.496bln of 23-week Jun 30, 2021 BTFs
    • Average yield -0.621% (-0.627%)
    • Bid-to-cover 3.85x (4.10x)
  • E0.696bln of 45-week Dec 1, 2021 BTFs:
    • Average yield -0.617%
    • Bid-to-cover 5.53x
  • E1.296bln of 47-week Dec 15, 2021 BTFs:
    • Average yield -0.614% (-0.632%)
    • Bid-to-cover 3.94x (3.35x)

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