empty
 
 

20.04.202613:00:00UTC+00French 12-Month BTF Yield Eases to 2.476%, Extending Downward Drift

France’s latest 12-month BTF (Bon du Trésor à taux fixe) auction showed a modest decline in short-term borrowing costs, with the yield slipping to 2.476%, down from the previous level of 2.634%.

The move, based on data updated on 20 April 2026, signals a slight easing in financing conditions for the French Treasury at the one-year horizon. The lower yield suggests investors are now willing to accept a reduced return on short-dated French government paper compared with the prior auction, pointing to a softening in short-term rate expectations or an uptick in demand for safer assets.

While the change is incremental, the drop in the 12-month BTF yield will be closely watched by market participants as an indicator of how funding costs for France are evolving across the short end of the curve.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback