French Treasury T-bond auction 10-year yield falls to 4.01 pct
Published March 1st, 2007
EU Auction Info - The French Treasury said the average accepted 10-year yield at today’’s auction of Treasury bonds (OATs) fell to 4.10 pct from 4.12 pct in last month’’s auction.
The Treasury allocated 2.420 bln eur of the 3.75 pct OAT due April 2017, compared with bids of 5.590 bln. The bid-to-cover ratio was 2.31.
It also allocated 1.920 bln eur of the 3.75 pct OAT due April 2021, compared with bids of 6.840 bln. The average accepted yield rose to 4.08 pct from last month’’s 3.84 pct, and the bid-to-cover ratio was 3.56.
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