---
source: Agence France Trésor
url: https://www.aft.gouv.fr/en/dernieres-adjudications
document_type: html
date_retrieved: 2026-05-04
period: May 2026 (auction date 04/05/2026)
parent_publication: Latest auctions (BTF auctions - May 2026)
indicators_covered: [3 Month Bill Yield, 6 Month Bill Yield, 12 Month Bill Yield]
---

# French BTF Auction Results — May 4, 2026

The Agence France Trésor held a BTF auction on May 4, 2026, with results for three tenors:

## 3-Month BTF (13 weeks)
- ISIN: FR0129570539
- Settlement: May 6, 2026
- Maturity: August 5, 2026
- Volume announced: €3,000–3,400 million
- Amount bid: €9,304 million
- Amount served: €3,396 million
- **Weighted average rate: 2.219%**
- Marginal rate: 2.225%
- Bid-to-cover ratio: 2.74

## 6-Month BTF (14 weeks)
- ISIN: FR0129132736
- Settlement: May 6, 2026
- Maturity: August 12, 2026
- Volume announced: €100–500 million
- Amount bid: €3,325 million
- Amount served: €498 million
- **Weighted average rate: 2.476%**
- Marginal rate: 2.480%
- Bid-to-cover ratio: 6.68

## 12-Month BTF (50 weeks)
- ISIN: FR0129570620
- Settlement: May 6, 2026
- Maturity: April 21, 2027
- Volume announced: €1,800–2,200 million
- Amount bid: €8,759 million
- Amount served: €2,200 million
- **Weighted average rate: 2.670%**
- Marginal rate: 2.675%
- Bid-to-cover ratio: 3.98

All values are in millions of euros. Source: Agence France Trésor. Data retrieved from the "Latest auctions" page showing BTF results for May 2026. The page was last updated on May 4, 2026.