France EUR

France 3-Month BTF Auction

影响:

Latest Release:

实际的:
2.076%
预报:
Previous/Revision:
2.121%
Period: 4月 2025

Next Release:

预报:
Period: 5月 2025
它衡量什么?
法国3个月BTF拍卖衡量的是新发行的、到期时间为三个月的法国政府国库券的收益率。它主要评估短期利率和对法国主权债务的需求,是评估政府财政健康状况的关键指标。作为一个国家指标,它对监控法国的短期借贷成本至关重要。
频率
法国3个月BTF拍卖每周进行,一般结果会在拍卖当天发布。
为什么交易员关注?
交易员密切关注3个月BTF拍卖,因为它提供了对短期法国政府证券需求的洞察,影响欧元和政府的融资成本。高于预期的收益率可能表明风险规避,对法国股票和货币来说可能是利空,而较低的收益率则表明强劲的需求,提升市场信心。
它从何而来?
拍卖结果来自各金融机构和投资者提交的投标,最终收益率是基于拍卖的竞争性投标过程计算的。数据收集涉及分析投标倍数和收益率趋势,以指示对短期法国政府债务的安全性需求和投资者信心。
描述
法国3个月BTF拍卖涉及出售短期政府证券,特别是国库券,这些证券在三个月内到期偿还。这一过程评估了利率如何根据新的经济数据和市场条件进行调整。初步结果通常备受期待,提供了对法国财政政策和货币条件的投资者信心的即时测量。虽然结果对当次拍卖是最终的,但后续市场反应可能会根据新的发展进行调整。拍卖侧重于实时的市场条件,强调收益率在短期内的趋势,而不是年度或季度指标,因为短期票据对即时经济条件更敏感。
备注
法国3个月BTF拍卖作为领先经济指标,强调即时的财政和市场趋势。它可以与欧洲其他短期债务工具相关联,为欧元区主权债务市场提供比较视角。
对货币和股票的看涨或看跌影响
高于预期:对欧元为看跌,对法国股票为看跌。 低于预期:对欧元为看涨,对法国股票为看涨。

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
2.076%
2.121%
2.121%
2.192%
2.192%
2.212%
2.212%
2.244%
2.244%
2.3%
2.3%
2.348%
2.348%
2.395%
2.395%
2.396%
2.396%
2.423%
2.423%
2.452%
2.452%
2.45%
2.45%
2.496%
2.496%
2.608%
2.608%
2.633%
2.633%
2.691%
2.691%
2.704%
2.704%
2.77%
2.77%
2.817%
2.817%
2.866%
2.866%
2.824%
2.824%
2.937%
2.937%
2.989%
2.989%
3.085%
3.085%
3.055%
3.055%
3.071%
3.071%
3.138%
3.138%
3.167%
3.167%
3.25%
3.25%
3.367%
3.367%
3.397%
3.397%
3.396%
3.396%
3.462%
3.462%
3.372%
3.372%
3.502%
3.502%
3.553%
3.553%
3.485%
3.485%
3.61%
3.61%
3.576%
3.576%
3.602%
3.602%
3.674%
3.674%
3.687%
3.687%
3.699%
3.699%
3.703%
3.703%
3.681%
3.681%
3.686%
3.686%
3.697%
3.697%
3.746%
3.746%
3.781%
3.781%
3.803%
3.803%
3.8%
3.8%
3.825%
3.825%
3.814%
3.814%
3.827%
3.827%
3.815%
3.815%
3.844%
3.844%
3.796%
3.796%
3.813%
3.813%
3.86%
3.86%
3.845%
3.845%
3.838%
3.838%
3.825%
3.825%
3.825%
3.825%
3.822%
3.822%
3.837%
3.837%
3.829%
3.829%
3.844%
3.844%
3.757%
3.757%
3.729%
3.729%
3.778%
3.778%
3.766%
3.766%
3.785%
3.785%
3.791%
3.791%
3.796%
3.796%
3.796%
3.796%
3.745%
3.745%
3.788%
3.788%
3.788%
3.788%
3.761%
3.761%
3.773%
3.773%
3.822%
3.822%
3.83%
3.83%
3.696%
3.696%
3.657%
3.657%
3.664%
3.664%
3.684%
3.684%
3.657%
3.657%
3.617%
3.617%
3.588%
3.588%
3.613%
3.613%
3.584%
3.584%
3.556%
3.556%
3.439%
3.439%
3.431%
3.431%
3.387%
3.387%
3.323%
3.323%
3.267%
3.267%
3.202%
3.202%
3.115%
3.115%
3.121%
3.121%
3.079%
3.079%
3.089%
3.089%
3.057%
3.057%
3.056%
3.056%
2.901%
2.901%
2.881%
2.881%
2.804%
2.804%
2.613%
2.613%
2.665%
2.665%
2.825%
2.825%
2.69%
2.69%
2.693%
2.693%
2.556%
2.556%
2.492%
2.492%
2.33%
2.33%
2.285%
2.285%
2.164%
2.164%
2.164%
2.164%
2.096%
2.096%
1.714%
1.714%
1.693%
1.693%
1.445%
1.445%
1.5%
1.5%
1.341%
1.341%
1.431%
1.431%
1.301%
1.301%
1.33%
1.33%
1%
1%
0.895%
0.895%
0.781%
0.781%
0.646%
0.646%
0.681%
0.681%
0.686%
0.686%
0.648%
0.648%
0.039%
0.039%
-0.027%
-0.027%
0.058%
0.058%
0.019%
0.019%
0.053%
0.053%
0.001%
0.001%
0.002%
0.002%
-0.272%
-0.272%
-0.286%
-0.286%
-0.378%
-0.378%
-0.392%
-0.392%
-0.465%
-0.465%
-0.457%
-0.457%
-0.555%
-0.555%
-0.603%
-0.603%
-0.628%
-0.628%
-0.631%
-0.631%
-0.652%
-0.652%
-0.669%
-0.669%
-0.653%
-0.653%
-0.664%
-0.664%
-0.649%
-0.649%
-0.65%
-0.65%
-0.661%
-0.661%
-0.722%
-0.722%
-0.755%
-0.755%
-0.745%
-0.745%
-0.685%
-0.685%
-0.705%
-0.705%
-0.654%
-0.654%
-0.671%
-0.671%
-0.672%
-0.672%
-0.65%
-0.65%
-0.633%
-0.633%
-0.667%
-0.667%
-0.764%
-0.764%
-0.893%
-0.893%
-0.949%
-0.949%
-0.959%
-0.959%
-0.863%
-0.863%
-0.782%
-0.782%
-0.772%
-0.772%
-0.736%
-0.736%
-0.732%
-0.732%
-0.74%
-0.74%
-0.756%
-0.756%
-0.739%
-0.739%
-0.652%
-0.652%
-0.651%
-0.651%
-0.652%
-0.652%
-0.648%
-0.648%
-0.649%
-0.649%
-0.648%
-0.648%
-0.648%
-0.648%
-0.646%
-0.646%
-0.646%
-0.646%
-0.651%
-0.651%
-0.647%
-0.647%
-0.648%
-0.648%
-0.651%
-0.651%
-0.646%
-0.646%
-0.656%
-0.656%
-0.643%
-0.643%
-0.633%
-0.633%
-0.629%
-0.629%
-0.626%
-0.626%
-0.636%
-0.636%
-0.63%
-0.63%
-0.627%
-0.627%
-0.63%
-0.63%
-0.63%
-0.63%
-0.625%
-0.625%
-0.629%
-0.629%
-0.619%
-0.619%
-0.607%
-0.607%
-0.621%
-0.621%
-0.606%
-0.606%
-0.617%
-0.617%
-0.642%
-0.642%
-0.643%
-0.643%
-0.631%
-0.631%
-0.624%
-0.624%
-0.625%
-0.625%
-0.623%
-0.623%
-0.62%
-0.62%
-0.743%
-0.743%
-0.706%
-0.706%
-0.655%
-0.655%
-0.634%
-0.634%
-0.6%
-0.6%
-0.635%
-0.635%
-0.676%
-0.676%
-0.673%
-0.673%
-0.685%
-0.685%
-0.656%
-0.656%
-0.636%
-0.636%
-0.648%
-0.648%
-0.574%
-0.574%
-0.574%
-0.574%
-0.569%
-0.569%
-0.568%
-0.568%
-0.568%
-0.568%
-0.571%
-0.571%
-0.576%
-0.576%
-0.574%
-0.574%
-0.565%
-0.565%
-0.569%
-0.569%
-0.555%
-0.555%
-0.551%
-0.551%
-0.523%
-0.523%
-0.551%
-0.551%
-0.51%
-0.51%
-0.514%
-0.514%
-0.52%
-0.52%
-0.526%
-0.526%
-0.551%
-0.551%
-0.549%
-0.549%
-0.475%
-0.475%
-0.454%
-0.454%
-0.451%
-0.451%
-0.476%
-0.476%
-0.477%
-0.477%
-0.486%
-0.486%
-0.528%
-0.528%
-0.608%
-0.608%
-0.668%
-0.668%
-0.627%
-0.627%
-0.587%
-0.587%
-0.596%
-0.609%
-0.596%
-0.596%
-0.577%
-0.577%
-0.58%
-0.58%
-0.59%
-0.59%
-0.61%
-0.61%
-0.658%
-0.658%
-0.636%
-0.636%
-0.623%
-0.623%
-0.6%
-0.6%
-0.594%
-0.594%
-0.629%
-0.629%
-0.682%
-0.682%
-0.6%
-0.6%
-0.604%
-0.604%
-0.639%
-0.639%
-0.647%
-0.647%
-0.567%
-0.567%
-0.573%
-0.573%
-0.609%
-0.609%
-0.614%
-0.614%
-0.589%
-0.589%
-0.612%
-0.612%
-0.599%
-0.599%
-0.561%
-0.561%
-0.541%
-0.541%
-0.545%
-0.545%
-0.563%
-0.563%
-0.556%
-0.556%
-0.564%
-0.564%
-0.559%
-0.559%
-0.549%
-0.549%
-0.546%
-0.546%
-0.543%
-0.543%
-0.544%
-0.544%
-0.55%
-0.55%
-0.562%
-0.562%
-0.567%
-0.567%
-0.546%
-0.546%
-0.516%
-0.516%
-0.519%
-0.519%
-0.519%
-0.519%
-0.53%
-0.53%
-0.528%
-0.528%
-0.525%
-0.525%
-0.538%
-0.535%
-0.534%
-0.534%
-0.518%
-0.518%
-0.505%
-0.505%
-0.503%
-0.503%
-0.525%
-0.525%
-0.542%
-0.542%
-0.566%
-0.566%
-0.574%
-0.574%
-0.574%
-0.574%
-0.57%
-0.57%
-0.701%
-0.701%
-0.668%
-0.668%
-0.71%
-0.71%
-0.673%
-0.673%
-0.686%
-0.686%
-0.735%
-0.735%
-0.765%
-0.765%
-0.761%
-0.761%
-0.741%
-0.741%
-0.66%
-0.66%
-0.662%
-0.662%
-0.561%
-0.561%
-0.556%
-0.556%
-0.55%
-0.55%
-0.551%
-0.551%
-0.545%
-0.545%
-0.547%
-0.547%
-0.534%
-0.534%
-0.54%
-0.54%
-0.534%
-0.534%
-0.563%
-0.563%
-0.575%
-0.575%
-0.576%
-0.576%
-0.604%
-0.604%
-0.609%
-0.609%
-0.603%
-0.603%
-0.594%
-0.594%
-0.596%
-0.596%
-0.583%
-0.583%
-0.568%
-0.568%
-0.565%
-0.565%
-0.563%
-0.563%
-0.579%
-0.579%
-0.572%
-0.572%
-0.573%
-0.573%
-0.573%
-0.573%
-0.573%
-0.573%
-0.599%
-0.599%
-0.623%
-0.623%
-0.636%
-0.636%
-0.641%
-0.641%
-0.586%
-0.586%
-0.583%
-0.583%
-0.582%
-0.582%
-0.587%
-0.587%
-0.561%
-0.561%
-0.589%
-0.589%
-0.569%
-0.569%
-0.571%
-0.571%
-0.615%
-0.615%
-0.9%
-0.9%
-0.79%
-0.79%
-0.711%
-0.711%
-0.701%
-0.701%
-0.703%
-0.703%
-0.685%
-0.685%
-0.687%
-0.687%
-0.691%
-0.691%
-0.688%
-0.688%
-0.701%
-0.701%
-0.69%
-0.69%
-0.588%
-0.588%
-0.604%
-0.604%
-0.619%
-0.619%
-0.635%
-0.635%
-0.628%
-0.628%
-0.629%
-0.629%
-0.626%
-0.626%
-0.627%
-0.627%
-0.632%
-0.632%
-0.593%
-0.593%
-0.592%
-0.592%
-0.576%
-0.576%
-0.593%
-0.593%
-0.618%
-0.618%
-0.628%
-0.628%
-0.588%
-0.588%
-0.593%
-0.593%
-0.589%
-0.589%
-0.592%
-0.592%
-0.593%
-0.593%
-0.587%
-0.587%
-0.572%
-0.572%
-0.549%
-0.549%
-0.56%
-0.56%
-0.524%
-0.524%
-0.539%
-0.539%
-0.561%
-0.561%
-0.616%
-0.616%
-0.642%
-0.642%
-0.818%
-0.818%
-0.733%
-0.733%
-0.667%
-0.667%
-0.652%
-0.652%
-0.671%
-0.671%
-0.659%
-0.659%
-0.561%
-0.561%
-0.552%
-0.552%
-0.553%
-0.553%
-0.637%
-0.637%
-0.697%
-0.697%
-0.741%
-0.741%
-0.751%
-0.751%
-0.736%
-0.736%
-0.673%
-0.673%
-0.693%
-0.693%
-0.734%
-0.734%
-0.725%
-0.725%
-0.687%
-0.687%
-0.685%
-0.685%
-0.696%
-0.696%
-0.685%
-0.685%
-0.659%
-0.659%
-0.58%
-0.58%
-0.561%
-0.561%
-0.58%
-0.58%
-0.578%
-0.578%
-0.593%
-0.593%
-0.589%
-0.589%
-0.583%
-0.583%
-0.57%
-0.57%
-0.572%
-0.572%
-0.582%
-0.582%
-0.58%
-0.58%
-0.572%
-0.572%
-0.543%
-0.543%
-0.506%
-0.506%
-0.497%
-0.497%
-0.493%
-0.493%
-0.496%
-0.496%
-0.51%
-0.51%
-0.525%
-0.525%
-0.487%
-0.487%
-0.477%
-0.478%
-0.501%
-0.501%
-0.438%
-0.438%
-0.432%
-0.432%
-0.425%
-0.425%
-0.431%
-0.431%
-0.425%
-0.425%
-0.433%
-0.433%
-0.423%
-0.423%
-0.387%
-0.387%
-0.371%
-0.371%
-0.359%
-0.359%
-0.465%
-0.365%
-0.359%
-0.359%
-0.376%
-0.376%
-0.399%
-0.399%
-0.437%
-0.437%
-0.328%
-0.328%
-0.291%
-0.291%
-0.347%
-0.347%
-0.322%
-0.322%
-0.288%
-0.288%
-0.254%
-0.254%
-0.261%
-0.261%
-0.254%
-0.254%
-0.208%
-0.208%
-0.204%
-0.204%
-0.206%
-0.206%
-0.202%
-0.202%
-0.196%
-0.196%
-0.198%
-0.198%
-0.205%
-0.205%
-0.207%
-0.207%
-0.218%
-0.218%
-0.208%
-0.208%
-0.203%
-0.203%
-0.203%
-0.203%
-0.198%
-0.198%
-0.211%
-0.211%
-0.201%
-0.201%
-0.195%
-0.195%
-0.193%
-0.193%
-0.183%
-0.183%
-0.185%
-0.185%
-0.192%
-0.192%
-0.197%
-0.197%
-0.193%
-0.193%
-0.181%
-0.181%
-0.18%
-0.18%
-0.186%