The yield on France’s 12-month BTF (Bons du Trésor à taux fixe et à intérêts précomptés) edged lower at the latest auction, with the rate settling at 2.634%. This marks a modest decline from the previous result of 2.694%.
The updated figure, published on 13 April 2026, suggests slightly cheaper short-term funding costs for the French Treasury compared with the prior 12‑month sale. While the move is relatively small, the downward shift in yields points to a marginal improvement in financing conditions at the one-year tenor for France’s short-term government paper.
