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Agence France Trésor proceeded to a reverse auction on Thursday, October 14th 2004, at 11a.m. The amount purchased was EUR3475m on the following lines:
- OAT 7.5% April 2005: Amount offered EUR1879m - amount purchased EUR135m - lowest accepted price 102.70% - pct at lowest price 100% - average yield 2.13%.
- BTAN 5% July 2005: Amount offered EUR4663m - amount purchased EUR907m - lowest accepted price 102.02% - pct at lowest price 49% - average yield 2.16%.
- BTAN 5% January 2006: Amount offered EUR4238m - amount purchased EUR1583m - lowest accepted price 103.27% - pct at lowest price 100% - average yield 2.27%.
- OAT TEC 10 October 2006: Amount offered EUR2000m - amount purchased EUR850m- lowest accepted price 101.42% - pct at lowest price 100%.
The settlement will take place on 19 October