Government bond auction · France

France 2053 Index-Linked OAT Auction

The France 2053 Index-Linked OAT Auction is a sale of new government debt by France's treasury or debt agency to investors.

Importance
Low
Released
About every six weeks
Currency
EUR · euro
Central bank
The European Central Bank (with the Banque de France)

Latest figures

The latest release, published on 16 April 2026, came in at 2.04%, up from 1.99% the time before.

Over the last 6 releases it ranged from 1.92% to 2.53%, averaging 2.09%.

Aug 2025: 1.98%Oct 2025: 1.92%Nov 2025: 2.06%Jan 2026: 2.53%Mar 2026: 1.99%Apr 2026: 2.04% Aug 2025Apr 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
16 Apr 2026–2.04%–1.99%
19 Mar 2026–1.99%–2.53%
22 Jan 2026–2.53%–2.06%
20 Nov 2025–2.06%––
16 Oct 2025–1.92%–1.98%
21 Aug 2025–1.98%–1.73%

See it in the economic calendar →

Why it matters

Auctions show the demand for a country's debt. A weak auction (low cover ratio, a yield above where the bond traded before the sale, the "tail") can push yields up across the market; a strong one calms them. In times of fiscal stress auctions get close attention.

How it is calculated

Bidders submit the yield (or price) at which they will buy; the debt office allocates from the lowest yield up until the amount is sold. The release reports the average or highest yield and the bid-to-cover ratio.

Bid-to-cover = amount bid ÷ amount sold

What changes mean

  • Bid-to-cover above its recent average and no tail: solid demand.
  • Index-linked and green bonds are smaller auctions with their own investor base.

A short history

Most governments moved from fixed-price syndicates to regular auctions in the 1970s–1990s; the US Treasury has auctioned bills since 1929.

Questions

What is the France 2053 Index-Linked OAT Auction?

The France 2053 Index-Linked OAT Auction is a sale of new government debt by France's treasury or debt agency to investors.

What was the latest France 2053 Index-Linked OAT Auction?

2.04%, published on 16 April 2026.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.