The French Treasury has placed on the market 8,249 billion euros in short-term government bonds: rates still low, even if in some cases very slightly higher than the last similar auctions.
Sustained demand, up to 2-3 times the offer, despite the loss of triple A by the rating agency Standard & Poor's last January 13th.
In detail, the following were placed: 4,2 billion 3-month bonds, with an average yield of 0,145% compared to 0,156% at the January 30 auction; 2 billion 6-month bonds with a rate of 0,249% (0,235% in the last issue); 2,045 billion 1-year bonds, with practically unchanged yields: 0,436% against 0,435% of the last similar operation.
