PARIS (MNI) – The French Treasury Thursday tapped its three-, four-
and five-year benchmark BTANs as well as an OAT with two years remaining
to maturity. The results are below. All amounts are in billions of
euros.
[[
3.75% 2013 3.0% 2014 2.5% 2015 5.0% 2012 (OAT)
[[
Maturity 1/2013 7/2014 1/2015 4/2012
Settlement Apr 20 Apr 20 Apr 20 Apr 20
Volume
Bid 4.85 4.795 4.441 5.085
Allocated 1.96 2.425 2.221 1.595
Non-competitive 0 0 0 0
Lowest price 106.52 103.86 101.06 108.02
Pct at low price 100% 100% 80% 100%
Avg wtd yld 1.3% 2.03% 2.26% 0.96%
Avg wtd price 106.54 103.88 101.08 108.02
[TOPICS: M$F$$$,M$X$$$,MNXAU$,MGX$$$]
