Free Trial

France sells E5.889bln of BTFs vs E4.7-5.9bln target

FRANCE T-BILL AUCTION RESULTS
  • E2.796bln of new 13-week May 12, 2021 BTFs:
    • Average yield -0.643% (-0.631%)
    • Bid-to-cover 4.54x (3.82x)
    • Issuance target: E2.4-2.8bln
    • (Brackets refer to E2.492bln of Apr 28, 2021 BTF)
  • E1.196bln of 20-week Jun 30, 2021 BTFs
    • Average yield -0.635% (-0.627%)
    • Bid-to-cover 6.37x (4.50x)
    • Issuance target: E0.8-1.2bln
    • E1.394bln issued previously
  • E1.897bln of 50-week Jan 26, 2022 BTFs:
    • Average yield -0.Y% (-0.642%)
    • Bid-to-cover 3.11x (3.89x)
    • Issuance target: E1.5-1.9bln
    • E1.696bln issued previously

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.