FX.co ★ French 12-Month BTF Yield Eases Slightly to 3.161%

The yield on France’s 12-month Bons du Trésor à taux fixe et à intérêts précomptés (BTF) edged down at the latest auction, with the indicator closing at 3.161%. This marks a modest decline from the previous level of 3.208%.

The updated figure, as of 21 September 2026, suggests a slight easing in short-term funding costs for the French Treasury. While the change is small, it indicates a marginal improvement in borrowing conditions at the one-year horizon compared with the prior auction outcome.