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France's Agence.......>

FRANCE T-BILL AUCTION PREVIEW
FRANCE T-BILL AUCTION PREVIEW: France's Agence France Tresor (AFT) sells a new
3-month Nov 15, 2017 BTF for between E2.7-E3.1bln, taps the 6-month Jan 17, 2017
BTF for between E1.2-E1.6bln and taps 12-month Jul 18, 2018 BTF for between
E0.6-E1.0bln. 
- REDEMPTION: There will a redemption this week of E5.1bln, therefore could
leave net cash flow negative to the tune of E0.6bln which is seen underpinning
demand at the auction. 
- HISTORY: At the Aug 9 auction the AFT allotted E3.196bln 3-month BTF at an
average yield of -0.632% with cover of 2.09 times, allotted sold E1.397bln
6-month BTF at an average yield of -0.644% with cover of 3.9 times and allotted
E1.095bln 12-month BTF at average yield -0.556% and cover of 2.9 times. 
- TIMING: Results due to be announced at around 1255GMT.

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