20 August 2026: AFT’s issuance: 12.500 billion euros of medium-term OATs

This morning, Agence France Trésor auctioned the OAT 2.40% 24 September 2029, the OAT 2.70% 25 February 2031, the OAT 3.25% 25 February 2032 and the OAT 3.00% 25 November 2034.

See below for auction details.

The total amount issued may be increased by non-competitive bids 2 (NCT2), which will take place on Friday 21 August 2026.

OAT
24/09/2029
2.40%
OAT
25/02/2031
2.70%
OAT
25/02/2032
3.25%
OAT
25/11/2034
3.00%
Auction date 20/08/2026 20/08/2026 20/08/2026 20/08/2026
Settlement date 24/08/2026 24/08/2026 24/08/2026 24/08/2026
Amount bid* 9,966 11,353 12,469 6,195
Amount served* 2,720 3,165 4,315 2,300
Stop price 97.76% 97.22% 98.67% 93.85%
Percentage served at stop price 100.00% 13.36% 100.00% 53.57%
Bid to cover ratio** 3.66 3.59 2.89 2.69
Weighted average price 97.77% 97.23% 98.67% 93.86%
Weighted average rate 3.17% 3.37% 3.52% 3.88%
ISIN Code FR0014016G71 FR001400Z2L7 FR0014018OI0 FR001400QMF9