19 February 2026: AFT’s issuance: 1.495 billion euros of inflation-indexed OATs

This morning, Agence France Trésor auctioned the OAT€i 3.15% 25 July 2032, the OAT€i 0.60% 25 July 2034 and the OAT€i 1.80% 25 July 2040.

See below for auction details.

The total amount issued may be increased by non-competitive bids 2 (NCT2), which will take place on Friday 20 February 2026.

OAT€i
25/07/2032
3.15%
OAT€i
25/07/2034
0.60%
OAT€i
25/07/2040
1.80%
Auction date 19/02/2026 19/02/2026 19/02/2026
Settlement date 23/02/2026 23/02/2026 23/02/2026
Amount bid* 1,838 1,677 967
Amount served* 670 525 300
Stop price 114.17% 95.35% 101.98%
Percentage served at stop price 100.00% 100.00% 100.00%
Bid to cover ratio** 2.74 3.19 3.22
Weighted average price 114.21% 95.40% 102.03%
Weighted average rate 0.86% 1.18% 1.64%
ISIN Code FR0000188799 FR001400JI88 FR0010447367