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13.04.202613:00:00UTC+00French 3-Month BTF Yield Edges Lower to 2.248% in Latest Auction

The yield on France’s 3-month Bons du Trésor à taux fixe et intérêts précomptés (BTF) eased slightly in the latest auction, with the indicator slipping to 2.248% from the previous level of 2.253%.

The marginal decline, based on data updated on 13 April 2026, signals a modest softening in short-term funding costs for the French Treasury. While the move is small, it suggests a steady demand for short-dated French government paper and may reflect investor expectations around short-term interest rate stability or marginally lower risk premia in the near term.

This adjustment in the 3-month BTF yield will be closely watched by market participants as a reference point for short-term euro money market conditions and as an indicator for broader sentiment towards French sovereign debt at the front end of the curve.

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