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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
FranceFrance 14-Year OATi Auction fell to 0.76% in December 2023
FMPMonthlyReleased January 2024
France 14-Year OATi Auction fell to 0.76% in December 2023, released January 2024, down 0.43% from November's 1.19% reading.
Latest Release
0.760000
Actual
—
Consensus
1.190000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| CAC 40 | ▲ Direct | +0.50 | INDEX | Bullish FR | → View |
| EUR/USD | ▲ Direct | +0.45 | FOREX | Bullish EUR | → View |
| EUR/GBP | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| EUR/JPY | ▲ Direct | +0.35 | FOREX | Bullish EUR | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
14-Year OATi Auction (France) was reported at 0.76% in January 2024. The reading fell from the previous value of 1.19%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with CAC 40 (Bullish FR). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Consumer Confidence (May 27) and Unemployment Benefit Claims (May 27).
Auto-generated from current model state · Refreshes on each release · Last update January 2024.
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14-Year OATi Auction - FR
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About 14-Year OATi Auction — France
DEFINITION
The 14-Year OATi Auction is a financial indicator that measures the interest rate at which the French government can borrow money through the sale of 14-year bonds known as OATi (Obligations Assimilables du Trésor indexées). This auction provides insight into the current market demand for French government debt and can be used to assess the country's overall economic stability and creditworthiness. Investors and analysts closely monitor the results of this auction as it can impact the cost of borrowing for the French government and potentially affect global financial markets.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2024): actual 0.76 %.
WHAT'S NEXT
This indicator correlates most strongly with CAC 40 (Bullish FR, r=0.50) — a useful reference for index-focused traders.