France sells EUR 13.5bln vs exp. EUR 11.5-13.5bln 3.50% 2035, 0.50% 2040, 3.60% 2042 & 3.75% 2056 OAT
Importance
Level 1
- 3.50% 2035: b/c 1.98x (prev. 2.147x) & average yield 3.53% (prev. 3.43%)
- 0.50% 2040: b/c 2.37x (prev. 2.272x) & average yield 3.95% (prev. 3.898%)
- 3.60% 2042: b/c 2.12x (prev. 2.922x) & average yield 4.05% (prev. 3.92%)
- 3.75% 2056: b/c 3.4x & average yield 4.46%
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