PARIS: France sold an additional 278 million euros ($361.32 million) of inflation-linked bonds on Monday following an auction last week, debt management agency Agence France Tresor said.

The AFT said it sold an extra 182 million euros of the 0.25 percent July 2018 OATei and 96 million euros of the 1.85 percent July 2027 OATei.

It also sold 16 million euros of its 0.25 percent November 2015 fixed-rate OAT bond, the AFT said earlier. The non-competitive bids meant that France raised a total of 9.764 billion euros from the 5 lines on offer at last Thursday's auction.

Under the French system, buyers not only submit competitive bids at the auction but also have the option, for a limited period after the sale, of buying extra securities at the average auction price.