By Emese Bartha

The French treasury agency sold 7.994 billion euros ($8.5 billion) in new three-year and existing five-year government bonds at an auction Thursday.

The agency had planned to sell a combined EUR7 billion to EUR8 billion.

The following are details of the auction, with the amounts in euros. Figures in brackets are data from the previous auction held Nov. 17 for the 2022-dated OAT.

Issue                 Three-year OAT 
Maturity              Feb. 25, 2020 
Coupon                0.00% 
Amount on offer (*)   7 bln-8 bln 
Bids received         7.650 bln 
Bids accepted         4.846 bln 
Bid-to-cover ratio    1.58 
Average yield         -0.43% 
Average price         101.33 
Minimum price         101.30 
Settlement day        Jan. 23, 2017 
 
Issue                 Five-year OAT 
Maturity              May 25, 2022 
Coupon                0.00% 
Amount on offer (*)   7 bln-8 bln 
Bids received         5.148 bln 
Bids accepted         3.148 bln 
Bid-to-cover ratio    1.64       (2.02) 
Average yield         -0.04%     (-0.03%) 
Average price         100.20     (100.15) 
Minimum price         -0.03%     (100.13) 
Settlement day        Jan. 23, 2017 
 
NOTE: (*) The EUR7 billion to EUR8 billon offer volume refers to the two OATs together. 
 

-Write to Emese Bartha at emese.bartha@wsj.com

(END) Dow Jones Newswires

January 19, 2017 05:30 ET (10:30 GMT)