Yields on France’s 3-month BTFs (bons du Trésor à taux fixe et à intérêt précompté) ticked up in the latest auction, with the average rate reaching 2.484%. This compares with a previous level of 2.448%, indicating a modest rise in short-term borrowing costs for the French Treasury.
The updated data, published on 17 August 2026, reflects investor demand and pricing for French short-term government paper in the current rate environment. While the change is limited, the move higher suggests slightly firmer yield expectations at the very short end of the French sovereign curve.
