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The non-competitive bids means that it sold a total of 8.42 billion of the fixed-rate bonds at the auction and 2.290 billion euros of linkers, AFT said.
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.
The extra amount they can buy is calculated according to how active they have been at previous sales.