---
source: Agence France Trésor (AFT)
url: https://www.aft.gouv.fr/en/dernieres-adjudications
document_type: html
date_retrieved: 2026-05-07
reference_period: May 2026 (auctions conducted 07 May 2026)
parent_publication: Latest OAT auctions (May 2026)
indicators_covered: [OAT 2046 yield, OAT 2042 yield, OAT 2035 yield, OAT 2057 yield]
---

# OAT Auctions Results - May 2026 (7 May 2026)

**Source:** Agence France Trésor (AFT)  
**Release date:** 7 May 2026  
**Auction date:** 7 May 2026  
**Settlement date:** 11 May 2026  

## Results Summary

Four OAT maturities were auctioned on 7 May 2026. The weighted average yields are:

| OAT Maturity | Weighted Average Rate | Stop Price | Bid-to-Cover |
|--------------|----------------------|------------|--------------|
| 25/11/2035 (3.50%) | 3.61% | 99.08% | 2.05 |
| 25/05/2042 (3.60%) | 4.09% | 94.28% | 2.02 |
| 25/05/2046 (4.10%) | 4.22% | 98.36% | 1.95 |
| 25/05/2057 (4.40%) | 4.48% | 98.64% | 1.92 |

## Detailed Tables

### OAT 2035 (ISIN: FR0014012II5)
- **Coupon:** 3.50%
- **Auction date:** 07/05/2026
- **Settlement date:** 11/05/2026
- **Volume announced:** 11,500 -- 13,500 million EUR
- **Amount bid:** 14,781 million EUR
- **Amount served:** 7,213 million EUR
- **Total amount issued:** 7,213 million EUR
- **Stop price:** 99.08%
- **Percentage served at stop price:** 71.34%
- **Bid-to-cover ratio:** 2.05
- **Weighted average price:** 99.10%
- **Weighted average rate:** 3.61%

### OAT 2042 (ISIN: FR001400WYO4)
- **Coupon:** 3.60%
- **Auction date:** 07/05/2026
- **Settlement date:** 11/05/2026
- **Volume announced:** 11,500 -- 13,500 million EUR (note: appears to be same range as 2035)
- **Amount bid:** 5,061 million EUR
- **Amount served:** 2,506 million EUR
- **Total amount issued:** 2,506 million EUR
- **Stop price:** 94.28%
- **Percentage served at stop price:** 100.00%
- **Bid-to-cover ratio:** 2.02
- **Weighted average price:** 94.34%
- **Weighted average rate:** 4.09%

### OAT 2046 (ISIN: FR0014015MU5)
- **Coupon:** 4.10%
- **Auction date:** 07/05/2026
- **Settlement date:** 11/05/2026
- **Volume announced:** 11,500 -- 13,500 million EUR (note: appears to be same range as other tenors)
- **Amount bid:** 3,633 million EUR
- **Amount served:** 1,867 million EUR
- **Total amount issued:** 1,867 million EUR
- **Stop price:** 98.36%
- **Percentage served at stop price:** 100.00%
- **Bid-to-cover ratio:** 1.95
- **Weighted average price:** 98.45%
- **Weighted average rate:** 4.22%

### OAT 2057 (ISIN: FR0014016CV2)
- **Coupon:** 4.40%
- **Auction date:** 07/05/2026
- **Settlement date:** 11/05/2026
- **Volume announced:** 11,500 -- 13,500 million EUR (note: appears to be same range as other tenors)
- **Amount bid:** 3,664 million EUR
- **Amount served:** 1,911 million EUR
- **Total amount issued:** 1,911 million EUR
- **Stop price:** 98.64%
- **Percentage served at stop price:** 100.00%
- **Bid-to-cover ratio:** 1.92
- **Weighted average price:** 98.75%
- **Weighted average rate:** 4.48%

All values extracted directly from AFT's latest auctions page. Non-competitive bids after auction were zero for all series. Weighted average rates are the final auction yields.

**Note:** The page shows the same volume announced range (11,500 - 13,500) for all four OATs; this is likely a template display and may not reflect individual tender sizes. The individual amount served figures are used as the actual issuance amounts.

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*Data source: Agence France Trésor (AFT) - Latest Auctions page. Verified against payload values: all actual yields match.*