actual 2.241, previous 2.276
The 12-Month BTF Auction is an event in France where the government issues short-term debt securities known as BTFs (Bons du Trésor à Taux Fixe et à intérêt précompté) with a maturity of 12 months. During this auction, investors can bid on these securities, and the interest rate is determined by the market demand.
In this specific event on February 24, 2025, the actual interest rate for the 12-Month BTF Auction was 2.241%. This rate represented a decrease of 0.035% compared to the previous auction. The impact of this event on the market is considered low.
Overall, the 12-Month BTF Auction provides insight into investor confidence in the French government's short-term debt securities and can have implications for the broader financial market.