22 May 2025: AFT’s issuance: 12.497 billion euros of medium-term OATs

This morning, Agence France Trésor auctioned the OAT 2.40% 24 September 2028, the OAT 2.70% 25 February 2031 and the OAT 0.00% 25 May 2032.

See below for auction details.

The total amount issued may be increased by non-competitive bids 2 (NCT2), which will take place on Friday 23 May 2025.

OAT
24/09/2028
2.40%
OAT
25/02/2031
2.70%
OAT
25/05/2032
0.00%
Auction date 22/05/2025 22/05/2025 22/05/2025
Settlement date 26/05/2025 26/05/2025 26/05/2025
Amount bid* 13,156 15,421 9,320
Amount served* 3,940 6,102 2,455
Stop price 100.31% 99.88% 81.80%
Percentage served at stop price 63.00% 67.46% 100.00%
Bid to cover ratio** 3.34 2.53 3.80
Weighted average price 100.32% 99.89% 81.81%
Weighted average rate 2.30% 2.72% 2.91%
ISIN Code FR001400XLW2 FR001400Z2L7 FR0014007L00