04 December 2025: AFT’s issuance: 5.063 billion euros of long-term OATs

This morning, Agence France Trésor auctioned the OAT 4.75% 25 April 2035, the OAT 0.50% 25 May 2040, the OAT 4.50% 25 April 2041 and the OAT 3.25% 25 May 2055.

See below for auction details.

The total amount issued may be increased by non-competitive bids 2 (NCT2), which will take place on Friday 05 December 2025.

OAT
25/04/2035
4.75%
OAT
25/05/2040
0.50%
OAT
25/04/2041
4.50%
OAT
25/05/2055
3.25%
Auction date 04/12/2025 04/12/2025 04/12/2025 04/12/2025
Settlement date 08/12/2025 08/12/2025 08/12/2025 08/12/2025
Amount bid* 4,063 3,644 2,722 2,928
Amount served* 1,787 1,604 841 831
Stop price 110.82% 63.04% 106.92% 81.60%
Percentage served at stop price 100.00% 100.00% 100.00% 100.00%
Bid to cover ratio** 2.27 2.27 3.24 3.52
Weighted average price 110.85% 63.06% 106.97% 81.65%
Weighted average rate 3.38% 3.89% 3.89% 4.37%
ISIN Code FR0010070060 FR0013515806 FR0010773192 FR001400OHF4