17 July 2025: AFT’s issuance: 11.999 billion euros of medium-term OATs

This morning, Agence France Trésor auctioned the OAT 2.40% 24 September 2028, the OAT 2.50% 25 May 2030 and the OAT 2.70% 25 February 2031.

See below for auction details.

The total amount issued may be increased by non-competitive bids 2 (NCT2), which will take place on Friday 18 July 2025.

OAT
24/09/2028
2.40%
OAT
25/05/2030
2.50%
OAT
25/02/2031
2.70%
Auction date 17/07/2025 17/07/2025 17/07/2025
Settlement date 21/07/2025 21/07/2025 21/07/2025
Amount bid* 12,848 9,885 14,169
Amount served* 3,953 2,833 5,213
Stop price 100.39% 99.63% 99.78%
Percentage served at stop price 90.59% 100.00% 100.00%
Bid to cover ratio** 3.25 3.49 2.72
Weighted average price 100.40% 99.64% 99.80%
Weighted average rate 2.27% 2.58% 2.74%
ISIN Code FR001400XLW2 FR0011883966 FR001400Z2L7