Markets

France auctions 1.33bn euros in inflation linked bonds

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AFT said it sold 445 million euros of OATs maturing in July 2022, and 325 million euros of OATS maturing in July 2027, both linked to euro-zone inflation.

 

It also sold 560 million euros of a French inflation-linked BTAN due in July 2016 at a negative yield of -1.02 percent.

 

Investors put in bids for more than 3 times the amount sold for each line in the auction, which followed an earlier sale of 7.49 billion euros in fixed-rate, medium-term bonds.

 

Copyright Reuters, 2012