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French Treasury sells 1.697 bln eur of inflation linked bonds, bills


Published :
Thu, 18 Jan 2007 13:03
By : Agencies
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PARIS (AFX) - The Treasury said it sold a total 1.697 bln eur of inflation-linked Treasury bonds and bills at today's auction.

The Treasury allocated 907 mln eur of the 1.25 pct BTANei bill due July 2010, indexed to European consumer inflation, compared with bids of 3.17 bln. The bid-to-cover ratio was 3.495.

It also sold 790 mln of the 1.00 pct OATi due July 2017, linked to French inflation, compared with bids of 2.664 bln. The bid-to-cover ratio was 3.37.

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