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FRANCE T-BILL AUCTION PREVIEW

France has announced it will be looking to sell up to a combined E8.0bln of the following 13/16/25/51-week BTFs at its auction next Monday, July 22:

  • E3.3-3.7bln of the new 13-week Oct 23, 2024 BTF
  • E0.2-0.6bln of the 16-week Nov 14, 2024 BTF
  • E1.5-1.9bln of the 25-week Jan 15, 2025 BTF
  • E1.4-1.8bln of the 51-week Jul 17, 2025 BTF
Note that up to a combined E8.0bln is a higher than usual size.

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