FX.co ★ French 3-Month BTF Yield Edges Higher to 2.238%

The yield on France’s 3-month BTF (Bons du Trésor à taux fixe et intérêt précompté) inched up at the latest auction, with the indicator closing at 2.238%, slightly above the previous level of 2.226%. The updated figure was recorded on 30 March 2026.

The marginal rise in the short-term borrowing cost suggests a modest upward shift in the very short end of the French yield curve. While the change is small, such moves in 3-month paper are closely watched by market participants as a near-term gauge of funding conditions and investor appetite for French sovereign debt.