The yield on France’s 12-month Bons du Trésor à taux fixe et intérêts précomptés (BTF) inched up at the latest auction, with the indicator rising to 2.752% from the previous level of 2.738%. The updated figure was recorded on 10 August 2026.
The slight increase in the 12-month BTF yield suggests a modest firming in short-term funding costs for the French Treasury. While the move is incremental, it may reflect shifting expectations around short-term interest rate conditions and investor demand for French sovereign paper at the one-year horizon.
