French Treasury bond auction 30-year yield 1.875 pct
Published March 7th, 2007
The French Treasury said the real yield at today’s auction of the new 30-year ‘OATei’ bond indexed on the euro zone harmonised inflation consumer price (HICP) was 1.875 pct.
The French Treasury allocated 4 bln eur of the 1.80 pct OATei due July 25 2040 compared with bids of 6.4 bln.
The bid-to-cover ratio was 1.6.
The yield was 3 basis points under the previous 30-year indexed link benchmark, the OATei due 2032.
The Treasury said previously that due to this operation, the next auction of indexed-linked bonds will take place on April 19.
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