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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
FranceFrance Index-Linked OAT Auction climbed to 1.14% in December 2024
FMPMonthlyReleased January 2025
France Index-Linked OAT Auction climbed to 1.14% in December 2024, released January 2025, up 0.11% from November's 1.03% reading.
Latest Release
1.140000
Actual
—
Consensus
1.030000
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
Index-Linked OAT Auction (France) was reported at 1.14% in January 2025. The reading rose from the previous value of 1.03%.
WHY IT MATTERS
The indicator has been trending upward over the last three releases.
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 2025.
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Index-Linked OAT Auction - FR
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About Index-Linked OAT Auction — France
DEFINITION
The Index-Linked OAT Auction is a financial indicator that measures the demand for French government bonds that are linked to inflation. This auction allows investors to purchase these bonds at a fixed interest rate, with the principal amount adjusted based on changes in the consumer price index. This indicator provides insight into the market's confidence in the French economy and its expectations for future inflation rates. It is an important tool for investors and policymakers in assessing the overall health of the economy and making informed financial decisions.
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 2025): actual 1.14 %. Prior reading (Nov 2024): 0.88 %. Before that (Sep 2024): 0.76 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with CAC 40 (Bullish FR, r=0.50) — a useful reference for index-focused traders.