French OAT Yields
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/french-oat
French OAT Yields as of 2026-09-11: 10Y at 4.41%, fitted curve 1M–50Y (2.44%–5.10%), 67 bonds. Live chart, constituents and forward rates on bondScovery.
Also quoted as OAT yields, OAT yield curve and French government bond yields. The curve below is fitted across 67 French OAT issues, from the shortest bill to the longest bond, and rebuilt with every daily build.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.44% | — |
| 3M | 2.63% | 2.72% |
| 6M | 2.84% | 3.09% |
| 9M | 2.97% | 3.32% |
| 12M | 3.06% | 3.32% |
| 18M | 3.19% | 3.49% |
| 2Y | 3.30% | 3.68% |
| 3Y | 3.50% | 3.94% |
| 4Y | 3.66% | 4.23% |
| 5Y | 3.81% | 4.51% |
| 6Y | 3.95% | 4.80% |
| 7Y | 4.08% | 5.07% |
| 8Y | 4.20% | 5.29% |
| 9Y | 4.31% | 5.48% |
| 10Y | 4.41% | 5.65% |
| 15Y | 4.77% | 5.95% |
| 20Y | 4.94% | 5.92% |
| 25Y | 5.05% | 6.01% |
| 30Y | 5.10% | 5.90% |
| 40Y | 4.94% | 3.21% |
| 50Y | 4.69% | 1.85% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.30% and the 10-year 4.41%, a 10Y−2Y spread of +110 bp — positively sloped — as of 2026-09-11. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.30% | 2.91% | 2.80% | 2.76% | 2.74% | 2.75% | 2.54% |
| 10Y | 4.41% | 3.93% | 3.81% | 3.69% | 3.74% | 3.75% | 3.67% |
| 10Y − 2Y | +110 bp | +103 bp | +101 bp | +93 bp | +101 bp | +100 bp | +113 bp |
Bonds in this curve
A selection of 30 of the 67 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| France | 2.29% | 2026-10-07 | 0.00% | FR0129287316 |
| France | 2.42% | 2026-11-04 | 0.00% | FR0129287324 |
| France | 2.56% | 2026-11-25 | 0.25% | FR0013200813 |
| France | 2.54% | 2026-12-02 | 0.00% | FR0129287332 |
| France | 2.82% | 2027-02-24 | 0.00% | FR0129437580 |
| France | 2.75% | 2027-02-25 | 0.00% | FR0014003513 |
| France | 2.96% | 2027-05-20 | 0.00% | FR0129570638 |
| France | 2.91% | 2027-05-25 | 1.00% | FR0013250560 |
| France | 3.12% | 2027-08-11 | 0.00% | FR0129704187 |
| France | 3.12% | 2027-09-24 | 2.50% | FR001400NBC6 |
| France | 3.30% | 2028-02-25 | 0.75% | FR001400AIN5 |
| France | 3.31% | 2028-05-25 | 0.75% | FR0013286192 |
| France | 3.38% | 2028-09-24 | 2.40% | FR001400XLW2 |
| France | 3.40% | 2028-11-25 | 0.75% | FR0013341682 |
| France | 3.44% | 2029-05-25 | 0.50% | FR0013407236 |
| France | 3.52% | 2029-11-25 | 0.00% | FR0013451507 |
| France | 3.61% | 2030-05-25 | 2.50% | FR0011883966 |
| France | 3.67% | 2030-11-25 | 0.00% | FR0013516549 |
| France | 3.73% | 2031-05-25 | 1.50% | FR0012993103 |
| France | 3.90% | 2032-05-25 | 0.00% | FR0014007L00 |
| France | 4.04% | 2033-05-25 | 3.00% | FR001400H7V7 |
| France | 4.18% | 2034-05-25 | 1.25% | FR0013313582 |
| France | 4.26% | 2035-04-25 | 4.75% | FR0010070060 |
| France | 4.40% | 2036-05-25 | 1.25% | FR0013154044 |
| France | 4.62% | 2039-06-25 | 1.75% | FR0013234333 |
| France | 4.87% | 2044-06-25 | 0.50% | FR0014002JM6 |
| France | 5.01% | 2049-06-25 | 3.00% | FR001400NEF3 |
| France | 5.08% | 2054-05-25 | 3.00% | FR001400FTH3 |
| France | 5.04% | 2066-05-25 | 1.75% | FR0013154028 |
| France | 4.69% | 2072-05-25 | 0.50% | FR0014001NN8 |