France EUR
France 12-Month BTF Auction
影响: 
无
无Latest Release:
实际的:
1.905%
预报:
Previous/Revision:
1.893%
Period:
4月 2025
Next Release:
预报:
Period:
5月 2025
它测量什么？
法国12个月BTF（Bons du Trésor à Taux Fixe et á Intérêts Annuels）拍卖衡量法国政府12个月到期的短期债务工具的收益率和需求动态。它主要关注投资者对法国主权债务的信心和政府的借贷成本，关键指标是投标倍数和平均收益率；这是一个反映国内市场状况的国家指标。
-
频率
法国12个月BTF拍卖是每月进行的，通常在每月的第一周或第二周进行，为投资者提供可能受市场趋势和货币政策预期影响的收益率。
-
交易者为何关心？
交易者关注法国12个月BTF拍卖，因为它直接影响法国政府的借贷成本，并反映投资者对法国信用的信心。强劲的需求或低于预期的收益率可能对欧元有利，看涨并可能影响债券和股票市场，而疲弱的拍卖结果可能表明看跌情绪，影响经济预测。
-
它来自何处？
法国12个月BTF拍卖的收益率来自于竞争性投标，即金融机构提交反映其愿意借出的金额和期望的收益率的投标。投标过程决定了平均收益率，而投标倍数表示整体需求与供应量的比例。
-
描述
法国12个月BTF拍卖提供了金融市场对法国主权风险的看法和更广泛经济环境的见解，初步拍卖结果提供了即时的市场数据，随后详细报告提供详细分析。由于拍卖是基于更短期的，因此通常不按月度或年度进行分析，而是依赖于即时的上下文和比较收益率分析。
-
附加说明
法国12个月BTF拍卖作为投资者对法国政府债券信心水平的领先指标，与全球类似短期债务拍卖具有可比性。作为短期债务工具，它可以影响或反映更广泛的经济趋势，并可能表明货币政策预期的转变，具体取决于收益率的发展。
-
对货币和股票的看涨或看跌
高于预期：对欧元看涨，对法国股票看涨。
低于预期：对欧元看跌，对法国股票看跌。
强硬语气：暗示更高的利率或通胀担忧，通常对欧元有利，但由于借贷成本上升，对法国股票不利。
Legend
High Potential Impact
This event has a strong potential to move markets significantly. If the ‘Actual’ value differs enough from the forecast or if the ‘Previous’ value is significantly revised, it signals new information that markets may rapidly adjust to.
Medium Potential Impact
This event may cause moderate market movement, especially if the ‘Actual’ deviates from the forecast or there’s a notable revision to the ‘Previous’ value.
Medium Potential Impact
This event is unlikely to affect market pricing unless there’s an unexpected surprise or a major revision to prior data.
Surprise - Currency May Strengthen
'Actual' deviated from 'Forecast' on a medium or high impact event and historically could strengthen the currency.
Surprise - Currency May Weaken
'Actual' deviated from 'Forecast' on a medium or high impact event and historically could weaken the currency.
Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.
Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency.
| Green Number | Better than forecast for the currency (or previous revise better) |
| Red Number | Worse than forecast for the currency (or previous revise better) |
| Hawkish | Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks. |
| Dovish | Favors lower rates to boost growth, weakening the currency but lifting stocks. |
| Date | Time | Actual | Forecast | Previous | Surprise |
|---|---|---|---|---|---|
1.905% |
1.893% |
||||
1.893% |
2.013% |
||||
2.013% |
1.996% |
||||
1.996% |
2.131% |
||||
2.131% |
2.226% |
||||
2.226% |
2.279% |
||||
2.279% |
2.287% |
||||
2.287% |
2.239% |
||||
2.239% |
2.241% |
||||
2.241% |
2.276% |
||||
2.276% |
2.224% |
||||
2.224% |
2.218% |
||||
2.218% |
2.407% |
||||
2.407% |
2.408% |
||||
2.408% |
2.489% |
||||
2.489% |
2.435% |
||||
2.435% |
2.372% |
||||
2.372% |
2.357% |
||||
2.357% |
2.342% |
||||
2.342% |
2.382% |
||||
2.382% |
2.507% |
||||
2.507% |
2.515% |
||||
2.515% |
2.647% |
||||
2.647% |
2.531% |
||||
2.531% |
2.593% |
||||
2.593% |
2.73% |
||||
2.73% |
2.746% |
||||
2.746% |
2.714% |
||||
2.714% |
2.789% |
||||
2.789% |
2.823% |
||||
2.823% |
2.859% |
||||
2.859% |
2.997% |
||||
2.997% |
2.999% |
||||
2.999% |
3.029% |
||||
3.029% |
3.053% |
||||
3.053% |
2.924% |
||||
2.924% |
3.252% |
||||
3.252% |
3.341% |
||||
3.341% |
3.355% |
||||
3.355% |
3.439% |
||||
3.439% |
3.477% |
||||
3.477% |
3.437% |
||||
3.437% |
3.452% |
||||
3.452% |
3.517% |
||||
3.517% |
3.487% |
||||
3.487% |
3.503% |
||||
3.503% |
3.467% |
||||
3.467% |
3.481% |
||||
3.481% |
3.46% |
||||
3.46% |
3.488% |
||||
3.488% |
3.474% |
||||
3.474% |
3.471% |
||||
3.471% |
3.461% |
||||
3.461% |
3.413% |
||||
3.413% |
3.436% |
||||
3.436% |
3.526% |
||||
3.526% |
3.45% |
||||
3.45% |
3.507% |
||||
3.507% |
3.471% |
||||
3.471% |
3.477% |
||||
3.477% |
3.408% |
||||
3.408% |
3.358% |
||||
3.358% |
3.239% |
||||
3.239% |
3.406% |
||||
3.406% |
3.319% |
||||
3.319% |
3.341% |
||||
3.341% |
3.215% |
||||
3.215% |
3.333% |
||||
3.333% |
3.423% |
||||
3.423% |
3.393% |
||||
3.393% |
3.659% |
||||
3.659% |
3.65% |
||||
3.65% |
3.674% |
||||
3.674% |
3.682% |
||||
3.682% |
3.711% |
||||
3.711% |
3.77% |
||||
3.77% |
3.776% |
||||
3.776% |
3.755% |
||||
3.755% |
3.787% |
||||
3.787% |
3.789% |
||||
3.789% |
3.773% |
||||
3.773% |
3.646% |
||||
3.646% |
3.609% |
||||
3.609% |
3.631% |
||||
3.631% |
3.639% |
||||
3.639% |
3.627% |
||||
3.627% |
3.574% |
||||
3.574% |
3.657% |
||||
3.657% |
3.659% |
||||
3.659% |
3.759% |
||||
3.759% |
3.761% |
||||
3.761% |
3.697% |
||||
3.697% |
3.623% |
||||
3.623% |
3.605% |
||||
3.605% |
3.429% |
||||
3.429% |
3.43% |
||||
3.43% |
3.359% |
||||
3.359% |
3.324% |
||||
3.324% |
3.249% |
||||
3.249% |
3.215% |
||||
3.215% |
3.254% |
||||
3.254% |
3.354% |
||||
3.354% |
3.329% |
||||
3.329% |
3.17% |
||||
3.17% |
3.158% |
||||
3.158% |
3.046% |
||||
3.046% |
2.76% |
||||
2.76% |
2.891% |
||||
2.891% |
3.358% |
||||
3.358% |
3.24% |
||||
3.24% |
3.132% |
||||
3.132% |
3.017% |
||||
3.017% |
2.772% |
||||
2.772% |
2.875% |
||||
2.875% |
2.833% |
||||
2.833% |
2.822% |
||||
2.822% |
2.796% |
||||
2.796% |
2.824% |
||||
2.824% |
2.628% |
||||
2.628% |
2.426% |
||||
2.426% |
2.397% |
||||
2.397% |
2.346% |
||||
2.346% |
2.275% |
||||
2.275% |
2.374% |
||||
2.374% |
2.344% |
||||
2.344% |
2.145% |
||||
2.145% |
2.166% |
||||
2.166% |
2.115% |
||||
2.115% |
1.95% |
||||
1.95% |
1.814% |
||||
1.814% |
1.855% |
||||
1.855% |
1.798% |
||||
1.798% |
1.45% |
||||
1.45% |
0.746% |
||||
0.746% |
0.658% |
||||
0.658% |
0.68% |
||||
0.68% |
0.615% |
||||
0.615% |
0.545% |
||||
0.545% |
0.453% |
||||
0.453% |
0.457% |
||||
0.457% |
0.545% |
||||
0.545% |
0.45% |
||||
0.45% |
0.453% |
||||
0.453% |
0.609% |
||||
0.609% |
0.708% |
||||
0.708% |
0.531% |
||||
0.531% |
0.239% |
||||
0.239% |
0.051% |
||||
0.051% |
-0.147% |
||||
-0.147% |
-0.12% |
||||
-0.12% |
-0.167% |
||||
-0.167% |
-0.156% |
||||
-0.156% |
-0.291% |
||||
-0.291% |
-0.32% |
||||
-0.32% |
-0.41% |
||||
-0.41% |
-0.472% |
||||
-0.472% |
-0.561% |
||||
-0.561% |
-0.563% |
||||
-0.563% |
-0.64% |
||||
-0.64% |
-0.605% |
||||
-0.605% |
-0.586% |
||||
-0.586% |
-0.557% |
||||
-0.557% |
-0.47% |
||||
-0.47% |
-0.643% |
||||
-0.643% |
-0.663% |
||||
-0.663% |
-0.632% |
||||
-0.632% |
-0.621% |
||||
-0.621% |
-0.635% |
||||
-0.635% |
-0.644% |
||||
-0.644% |
-0.792% |
||||
-0.792% |
-0.771% |
||||
-0.771% |
-0.754% |
||||
-0.754% |
-0.754% |
||||
-0.754% |
-0.675% |
||||
-0.675% |
-0.651% |
||||
-0.651% |
-0.636% |
||||
-0.636% |
-0.629% |
||||
-0.629% |
-0.641% |
||||
-0.641% |
-0.648% |
||||
-0.648% |
-0.65% |
||||
-0.65% |
-0.657% |
||||
-0.657% |
-0.649% |
||||
-0.649% |
-0.655% |
||||
-0.655% |
-0.653% |
||||
-0.653% |
-0.651% |
||||
-0.651% |
-0.648% |
||||
-0.648% |
-0.645% |
||||
-0.645% |
-0.642% |
||||
-0.642% |
-0.641% |
||||
-0.641% |
-0.638% |
||||
-0.638% |
-0.637% |
||||
-0.637% |
-0.64% |
||||
-0.64% |
-0.648% |
||||
-0.648% |
-0.646% |
||||
-0.646% |
-0.647% |
||||
-0.647% |
-0.636% |
||||
-0.636% |
-0.641% |
||||
-0.641% |
-0.632% |
||||
-0.632% |
-0.626% |
||||
-0.626% |
-0.628% |
||||
-0.628% |
-0.619% |
||||
-0.619% |
-0.623% |
||||
-0.623% |
-0.618% |
||||
-0.618% |
-0.629% |
||||
-0.629% |
-0.632% |
||||
-0.632% |
-0.63% |
||||
-0.63% |
-0.625% |
||||
-0.625% |
-0.605% |
||||
-0.605% |
-0.61% |
||||
-0.61% |
-0.59% |
||||
-0.59% |
-0.614% |
||||
-0.614% |
-0.637% |
||||
-0.637% |
-0.642% |
||||
-0.642% |
-0.642% |
||||
-0.642% |
-0.621% |
||||
-0.621% |
-0.614% |
||||
-0.614% |
-0.632% |
||||
-0.632% |
-0.602% |
||||
-0.602% |
-0.692% |
||||
-0.692% |
-0.676% |
||||
-0.676% |
-0.647% |
||||
-0.647% |
-0.616% |
||||
-0.616% |
-0.598% |
||||
-0.598% |
-0.627% |
||||
-0.627% |
-0.648% |
||||
-0.648% |
-0.638% |
||||
-0.638% |
-0.646% |
||||
-0.646% |
-0.628% |
||||
-0.628% |
-0.611% |
||||
-0.611% |
-0.601% |
||||
-0.601% |
-0.581% |
||||
-0.581% |
-0.573% |
||||
-0.573% |
-0.575% |
||||
-0.575% |
-0.567% |
||||
-0.567% |
-0.578% |
||||
-0.578% |
-0.571% |
||||
-0.571% |
-0.565% |
||||
-0.565% |
-0.56% |
||||
-0.56% |
-0.556% |
||||
-0.556% |
-0.564% |
||||
-0.564% |
-0.557% |
||||
-0.557% |
-0.559% |
||||
-0.559% |
-0.53% |
||||
-0.53% |
-0.526% |
||||
-0.526% |
-0.496% |
||||
-0.496% |
-0.488% |
||||
-0.488% |
-0.514% |
||||
-0.514% |
-0.517% |
||||
-0.517% |
-0.498% |
||||
-0.498% |
-0.496% |
||||
-0.496% |
-0.462% |
||||
-0.462% |
-0.403% |
||||
-0.403% |
-0.388% |
||||
-0.388% |
-0.431% |
||||
-0.431% |
-0.465% |
||||
-0.465% |
-0.494% |
||||
-0.494% |
-0.534% |
||||
-0.534% |
-0.625% |
||||
-0.625% |
-0.716% |
||||
-0.716% |
-0.642% |
||||
-0.642% |
-0.591% |
||||
-0.591% |
-0.582% |
||||
-0.582% |
-0.586% |
||||
-0.586% |
-0.596% |
||||
-0.596% |
-0.575% |
||||
-0.575% |
-0.576% |
||||
-0.576% |
-0.583% |
||||
-0.583% |
-0.589% |
||||
-0.589% |
-0.601% |
||||
-0.601% |
-0.576% |
||||
-0.576% |
-0.576% |
||||
-0.576% |
-0.59% |
||||
-0.59% |
-0.58% |
||||
-0.58% |
-0.628% |
||||
-0.628% |
-0.648% |
||||
-0.648% |
-0.612% |
||||
-0.612% |
-0.593% |
||||
-0.593% |
-0.628% |
||||
-0.628% |
-0.632% |
||||
-0.632% |
-0.609% |
||||
-0.609% |
-0.624% |
||||
-0.624% |
-0.729% |
||||
-0.729% |
-0.742% |
||||
-0.742% |
-0.717% |
||||
-0.717% |
-0.728% |
||||
-0.728% |
-0.679% |
||||
-0.679% |
-0.645% |
||||
-0.645% |
-0.65% |
||||
-0.65% |
-0.655% |
||||
-0.655% |
-0.621% |
||||
-0.621% |
-0.625% |
||||
-0.625% |
-0.626% |
||||
-0.626% |
-0.592% |
||||
-0.592% |
-0.566% |
||||
-0.566% |
-0.559% |
||||
-0.559% |
-0.562% |
||||
-0.562% |
-0.547% |
||||
-0.547% |
-0.555% |
||||
-0.555% |
-0.567% |
||||
-0.567% |
-0.552% |
||||
-0.552% |
-0.535% |
||||
-0.535% |
-0.527% |
||||
-0.527% |
-0.521% |
||||
-0.521% |
-0.52% |
||||
-0.52% |
-0.52% |
||||
-0.52% |
-0.531% |
||||
-0.531% |
-0.521% |
||||
-0.521% |
-0.521% |
||||
-0.52% |
-0.51% |
||||
-0.51% |
-0.517% |
||||
-0.517% |
-0.501% |
||||
-0.501% |
-0.499% |
||||
-0.499% |
-0.518% |
||||
-0.518% |
-0.532% |
||||
-0.532% |
-0.551% |
||||
-0.551% |
-0.557% |
||||
-0.557% |
-0.565% |
||||
-0.565% |
-0.566% |
||||
-0.566% |
-0.577% |
||||
-0.577% |
-0.572% |
||||
-0.572% |
-0.566% |
||||
-0.566% |
-0.578% |
||||
-0.578% |
-0.626% |
||||
-0.626% |
-0.62% |
||||
-0.62% |
-0.621% |
||||
-0.621% |
-0.625% |
||||
-0.625% |
-0.568% |
||||
-0.568% |
-0.551% |
||||
-0.551% |
-0.554% |
||||
-0.554% |
-0.551% |
||||
-0.551% |
-0.618% |
||||
-0.618% |
-0.555% |
||||
-0.555% |
-0.545% |
||||
-0.545% |
-0.551% |
||||
-0.551% |
-0.559% |
||||
-0.559% |
-0.545% |
||||
-0.545% |
-0.54% |
||||
-0.54% |
-0.558% |
||||
-0.558% |
-0.563% |
||||
-0.563% |
-0.558% |
||||
-0.558% |
-0.57% |
||||
-0.57% |
-0.584% |
||||
-0.584% |
-0.591% |
||||
-0.591% |
-0.592% |
||||
-0.592% |
-0.565% |
||||
-0.565% |
-0.567% |
||||
-0.567% |
-0.567% |
||||
-0.567% |
-0.557% |
||||
-0.557% |
-0.56% |
||||
-0.56% |
-0.55% |
||||
-0.55% |
-0.55% |
||||
-0.55% |
-0.55% |
||||
-0.55% |
-0.559% |
||||
-0.559% |
-0.566% |
||||
-0.566% |
-0.57% |
||||
-0.57% |
-0.578% |
||||
-0.578% |
-0.584% |
||||
-0.584% |
-0.589% |
||||
-0.589% |
-0.572% |
||||
-0.572% |
-0.561% |
||||
-0.561% |
-0.563% |
||||
-0.563% |
-0.56% |
||||
-0.56% |
-0.558% |
||||
-0.558% |
-0.568% |
||||
-0.568% |
-0.543% |
||||
-0.543% |
-0.557% |
||||
-0.557% |
-0.598% |
||||
-0.598% |
-0.665% |
||||
-0.665% |
-0.637% |
||||
-0.637% |
-0.631% |
||||
-0.631% |
-0.646% |
||||
-0.646% |
-0.643% |
||||
-0.643% |
-0.631% |
||||
-0.631% |
-0.606% |
||||
-0.606% |
-0.591% |
||||
-0.591% |
-0.597% |
||||
-0.597% |
-0.577% |
||||
-0.577% |
-0.586% |
||||
-0.586% |
-0.586% |
||||
-0.586% |
-0.586% |
||||
-0.586% |
-0.571% |
||||
-0.571% |
-0.568% |
||||
-0.568% |
-0.568% |
||||
-0.568% |
-0.556% |
||||
-0.556% |
-0.546% |
||||
-0.546% |
-0.536% |
||||
-0.536% |
-0.542% |
||||
-0.542% |
-0.55% |
||||
-0.55% |
-0.562% |
||||
-0.562% |
-0.595% |
||||
-0.595% |
-0.601% |
||||
-0.601% |
-0.565% |
||||
-0.565% |
-0.541% |
||||
-0.541% |
-0.538% |
||||
-0.538% |
-0.545% |
||||
-0.545% |
-0.555% |
||||
-0.555% |
-0.541% |
||||
-0.541% |
-0.535% |
||||
-0.535% |
-0.453% |
||||
-0.453% |
-0.492% |
||||
-0.492% |
-0.527% |
||||
-0.527% |
-0.52% |
||||
-0.52% |
-0.522% |
||||
-0.522% |
-0.613% |
||||
-0.613% |
-0.543% |
||||
-0.543% |
-0.554% |
||||
-0.554% |
-0.574% |
||||
-0.574% |
-0.589% |
||||
-0.589% |
-0.591% |
||||
-0.591% |
-0.526% |
||||
-0.526% |
-0.53% |
||||
-0.53% |
-0.526% |
||||
-0.526% |
-0.622% |
||||
-0.622% |
-0.697% |
||||
-0.697% |
-0.665% |
||||
-0.665% |
-0.666% |
||||
-0.666% |
-0.638% |
||||
-0.638% |
-0.651% |
||||
-0.651% |
-0.677% |
||||
-0.677% |
-0.675% |
||||
-0.675% |
-0.635% |
||||
-0.635% |
-0.616% |
||||
-0.616% |
-0.624% |
||||
-0.624% |
-0.633% |
||||
-0.633% |
-0.589% |
||||
-0.589% |
-0.569% |
||||
-0.569% |
-0.566% |
||||
-0.566% |
-0.587% |
||||
-0.587% |
-0.585% |
||||
-0.585% |
-0.587% |
||||
-0.587% |
-0.583% |
||||
-0.583% |
-0.574% |
||||
-0.574% |
-0.56% |
||||
-0.56% |
-0.546% |
||||
-0.546% |
-0.569% |
||||
-0.569% |
-0.582% |
||||
-0.582% |
-0.563% |
||||
-0.563% |
-0.541% |
||||
-0.541% |
-0.496% |
||||
-0.496% |
-0.494% |
||||
-0.494% |
-0.497% |
||||
-0.497% |
-0.487% |
||||
-0.487% |
-0.495% |
||||
-0.495% |
-0.493% |
||||
-0.493% |
-0.485% |
||||
-0.485% |
-0.469% |
||||
-0.466% |
-0.468% |
||||
-0.468% |
-0.439% |
||||
-0.439% |
-0.424% |
||||
-0.424% |
-0.431% |
||||
-0.431% |
-0.427% |
||||
-0.427% |
-0.418% |
||||
-0.418% |
-0.453% |
||||
-0.453% |
-0.435% |
||||
-0.435% |
-0.399% |
||||
-0.399% |
-0.401% |
||||
-0.401% |
-0.426% |
||||
-0.426% |
-0.397% |
||||
-0.397% |
-0.376% |
||||
-0.376% |
-0.366% |
||||
-0.366% |
-0.377% |
||||
-0.377% |
-0.385% |
||||
-0.385% |
-0.314% |
||||
-0.314% |
-0.283% |
||||
-0.283% |
-0.358% |
||||
-0.358% |
-0.321% |
||||
-0.321% |
-0.294% |
||||
-0.294% |
-0.259% |
||||
-0.259% |
-0.257% |
||||
-0.257% |
-0.257% |
||||
-0.257% |
-0.209% |
||||
-0.209% |
-0.197% |
||||
-0.197% |
-0.198% |
||||
-0.198% |
-0.19% |
||||
-0.19% |
-0.186% |
||||
-0.186% |
-0.188% |
||||
-0.188% |
-0.187% |
||||
-0.187% |
-0.194% |
||||
-0.194% |
-0.201% |
||||
-0.201% |
-0.2% |
||||
-0.2% |
-0.201% |
||||
-0.201% |
-0.202% |
||||
-0.202% |
-0.19% |
||||
-0.19% |
-0.19% |
||||
-0.19% |
-0.175% |
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