PARIS (Agefi-Dow Jones)–Agence France Trésor issued 1.498 billion euros of comparable Treasury bonds (OAT) indexed to inflation during its auction on Thursday.
AFT expected to raise 1 billion to 1.5 billion euros during this operation.
OATis are indexed to inflation in France, while OATei are indexed to inflation in the euro zone.
Here are the details of the operation. The figures in parentheses correspond to the results of the previous auction, conducted on January 20 for OATei July 2031 and OATi March 2032, and on April 22 for OATi March 2036.
Issue 0.10% July 25, 2031 OATei Bids received 1.798 bln Bids accepted 729 mln Bid-to-cover ratio 2.47 (2.81) Yield -1.20% (-1.50%) Average price 113.10 (116.46) Minimum price 113.08 (116.43) Settlement date Feb. 21, 2022 Issue 0.10% March 1, 2032 OATi Bids received 1.294 bln Bids accepted 499 mln Bid-to-cover ratio 2.59 (2.87) Yield -1.01% (-1.33%) Average price 111.77 (115.61) Minimum price 111.72 (115.56) Settlement date Feb. 21, 2022 Issue 0.10% March 1, 2036 OATi Bids received 1.075 bln Bids accepted 270 mln Bid-to-cover ratio 3.98 (2.30) Yield -0.87% (-1.10%) Average price 114.56 (119.49) Minimum price 114.53 (119.39) Settlement date Feb. 21, 2022
-Emese Bartha, Dow Jones Newswires
(French version Lydie Boucher) ed: DID
Agefi-Dow Jones The financial newswire
Dow Jones Newswires
February 17, 2022 06:20 ET (11:20 GMT)