OATs (Obligations Assimilables du Trésor) are the primary instrument for long-term financing of the French government. These auctions are vital for monitoring France's debt sustainability and its standing within the Eurozone's core economies. The results are closely watched by institutional investors for trends in European fixed-income markets.
The Agence France Trésor (AFT) conducts these auctions using a Dutch-style, multiple-price system. Bidders submit prices they are willing to pay, and the AFT accepts bids starting from the highest price until the desired funding amount is reached.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 20, 2026 | 2.24 | — | — |
| Aug 6, 2026 | 3.90 | — | — |
| Jul 16, 2026 | 3.04 | — | — |
| Jul 2, 2026 | 3.73 | — | — |
| Jun 18, 2026 | 2.85 | — | — |
| Jun 4, 2026 | 3.80 | — | — |
| May 21, 2026 | 2.94 | — | — |
| May 7, 2026 | 3.61 | — | — |
| Apr 16, 2026 | 2.84 | — | — |
| Mar 19, 2026 | 0.57 | — | — |
| Mar 5, 2026 | 3.39 | — | — |
| Feb 19, 2026 | 2.40 | — | — |
| Feb 5, 2026 | 3.38 | — | — |
| Jan 8, 2026 | 4.46 | — | — |
| Dec 4, 2025 | 4.37 | — | — |
| Nov 20, 2025 | 2.06 | — | — |
| Nov 6, 2025 | 4.12 | — | — |
| Oct 16, 2025 | 1.92 | — | — |
| Oct 2, 2025 | 4.03 | — | — |
| Sep 18, 2025 | 1.70 | — | — |
| Sep 4, 2025 | 3.57 | — | — |
| Aug 21, 2025 | 1.98 | — | — |
| Aug 7, 2025 | 4.09 | — | — |
| Jul 17, 2025 | 1.64 | — | — |
| Jul 3, 2025 | 3.27 | — | — |
| Jun 19, 2025 | 0.80 | — | — |
| Jun 5, 2025 | 3.95 | — | — |
| May 22, 2025 | 1.58 | — | — |
| May 7, 2025 | 3.62 | — | — |
| Apr 17, 2025 | 1.40 | — | — |
| Apr 3, 2025 | 4.04 | — | — |
| Mar 20, 2025 | 1.48 | — | — |
| Mar 6, 2025 | 3.88 | — | — |
| Feb 20, 2025 | 1.20 | — | — |
| Feb 6, 2025 | 3.33 | — | — |
| Jan 23, 2025 | 1.38 | — | — |
| Jan 9, 2025 | 3.49 | — | — |
| Dec 5, 2024 | 2.93 | — | — |
| Nov 21, 2024 | 1.03 | — | — |
| Nov 7, 2024 | 3.78 | — | — |
| Oct 17, 2024 | 0.86 | — | — |
| Oct 3, 2024 | 3.55 | — | — |
| Sep 19, 2024 | 1.10 | — | — |
| Sep 5, 2024 | 3.23 | — | — |
| Aug 14, 2024 | 0.75 | — | — |
| Aug 1, 2024 | 3.49 | — | — |
| Jul 18, 2024 | 1.11 | — | — |
| Jul 4, 2024 | 3.61 | — | — |
| Jun 20, 2024 | 1.01 | — | — |
| Jun 6, 2024 | 3.46 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| Apr 16, 2026 | 3.34 | 2.84 | -0.50 ↓ |