French bond auction

Thursday, 5 January 2012 03:08

On Thursday French government sold 8 billion euro debt. France sold 4.02 billion of 10-year bonds at an average yield of 3.29% increasing from 3.18% previously.

Among the others government sold 2.2 billion euro of a 30-year bonds, with 3.97% yield.

Today’s auction was closely observed by investors, especially with euro falling all day to very low levels against all major counterparts