French Treasury bill auction sees strong demand, with 52-week bill marginal rate falling to 2.610%
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
(1) On Monday, France successfully auctioned four tranches of Treasury bills. Among them, the 12-week tranche sold €400 million with a marginal interest rate of 2.330% and a bid-to-cover ratio as high as 7.175, indicating strong demand. (2) The 13-week tranche sold €3.197 billion with a marginal interest rate of 2.355% and an average rate of 2.352%, a decrease from the previous 2.361%, and a bid-to-cover ratio of 2.86. (3) The 26-week tranche sold €1.898 billion with a marginal interest rate of 2.475% and the average rate falling from 2.507% to 2.465%, with a bid-to-cover ratio of 3.345. (4) The 52-week tranche sold €2.098 billion with a marginal interest rate of 2.610% and an average rate of 2.602%, significantly lower than the previous 2.667%, with a bid-to-cover ratio of 2.787. (5) There were no non-competitive bids in any of the four tranches. The average winning interest rates for all maturities declined compared to the previous auction, reflecting a continued rise in market appetite for French short-term bonds.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
US President Donald Trump says was ready to strike Houthis in Yemen, then pulled back
FXStreet•2026/09/21 05:12
ZAMA gains traction as 24h trading volume surges
AiCoin•2026/09/21 04:38
Crypto prices
MoreBitcoin
BTC
$81,763.55
+1.63%
Ethereum
ETH
$2,672.46
+3.62%
Tether USDt
USDT
$0.9998
+0.02%
BNB
BNB
$772.05
+2.84%
XRP
XRP
$1.44
+4.19%
USDC
USDC
$1
+0.02%
Solana
SOL
$112.27
+3.42%
TRON
TRX
$0.3434
+0.89%
Zcash
ZEC
$1,513.1
+4.66%
Hyperliquid
HYPE
$94.19
+3.50%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now