08 January 2026: AFT’s issuance: 13.500 billion euros of long-term OATs

This morning, Agence France Trésor auctioned the OAT 3.50% 25 November 2035, the OAT 0.50% 25 May 2040, the OAT 3.60% 25 May 2042 and the OAT 3.75% 25 May 2056.

See below for auction details.

The total amount issued may be increased by non-competitive bids 2 (NCT2), which will take place on Friday 09 January 2026.

OAT
25/11/2035
3.50%
OAT
25/05/2040
0.50%
OAT
25/05/2042
3.60%
OAT
25/05/2056
3.75%
Auction date 08/01/2026 08/01/2026 08/01/2026 08/01/2026
Settlement date 12/01/2026 12/01/2026 12/01/2026 12/01/2026
Amount bid* 13,617 6,547 5,672 4,072
Amount served* 6,866 2,757 2,679 1,198
Stop price 99.73% 62.71% 94.67% 88.15%
Percentage served at stop price 100.00% 74.77% 100.00% 100.00%
Bid to cover ratio** 1.98 2.37 2.12 3.40
Weighted average price 99.78% 62.73% 94.71% 88.22%
Weighted average rate 3.53% 3.95% 4.05% 4.46%
ISIN Code FR0014012II5 FR0013515806 FR001400WYO4 FR001400XJJ3