FRANCE T-BILL AUCTION RESULTS:

Market news

17 December 2012

FRANCE T-BILL AUCTION RESULTS:

AFT sold E6.288bln vs target E5.1bln-E6.3bln

- E3.395bln 3-month BTF,avg yield -0.010% (-0.026%),cover 2.29 (2.03)

- E1.199bln 6-month BTF,avg yield 0% (-0.015%),cover 4.45 (4.33)

- E1.694bln 12-month BTF,avg yield 0.010% (-0.012%),cover 2.51 (3.96)

Before the bell: S&P futures +0.31%, Nasdaq futures +0.29%

U.S.: Total Net TIC Flows, October -56.7

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