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MT OATs/linkers

FRANCE AUCTION PREVIEW
  • France will look to sell E6-7bln of MT OATs, all of which are off-the-run issues. On offer will be the 2.5-year 0% Mar-24 OAT, the 4-year 0.50% May-25 OAT and the 6-year 1.00% May-27 OAT.
  • France will then look to sell E0.5-1.0bln of linkers with both the 0.10% Mar-28 OATi and the 0.10% Mar-29 OATei on offer.
  • Out of the five bonds on offer today, only two have been reopened so far in 2021. We have set out the recent auction history for both the specific bonds and for the more recent auctions of generics in the same time period below.
  • Timing: The results for both auctions will be published shortly after they close. The MT OAT auction closes at 9:50BST and the LT OAT auction at 10:50BST.

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