France secondary market public sector bond yield 3-7 years
France secondary market public sector bond yield 3-7 years stood at 4.4% on Oct 15, 2026, according to Banque de France – Webstat (webstat.banque-france.fr). It is one of the indicators in the Daily debt market rates table (Value · Daily), with a complete series running from Nov 4, 2004 to Oct 15, 2026. The complete series with an interactive chart, free to download.
This indicator in the Daily debt market rates table
| Indicator | 15-10-2026 | 08-10-2026 | 01-10-2026 | 24-09-2026 | 17-09-2026 | 10-09-2026 | 03-09-2026 | 27-08-2026 | 20-08-2026 | 13-08-2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Weekly bond yields | |||||||||||
| Secondary market, public sector bonds 3 to 7 years | 4.4 | 4.43 | 4.34 | 4.15 | 4.11 | 3.83 | 3.76 | 3.65 | 3.63 | 3.54 | |
| Secondary market, public sector bonds over 7 years | 5.05 | 5.1 | 5 | 4.76 | 4.73 | 4.49 | 4.42 | 4.32 | 4.3 | 4.19 |
Understanding france secondary market public sector bond yield 3-7 years
This weekly series reports secondary market yields for public sector bonds—excluding central government debt—with remaining maturities spanning three to seven years, capturing broader public entity borrowing costs. This category broadens the scope beyond sovereign debt to include securities issued by local authorities, state-owned enterprises, or government-backed agencies within the intermediate maturity window. The calculation aggregates secondary market trades for these non-central public bonds, omitting central government OATs, private corporate debt, and all instruments outside the three-to-seven-year duration band. Sibling rows separate central government debt from these wider public sector classifications.
Reading this public sector yield requires comparing its spread against central government bonds of identical maturity to evaluate the relative credit pricing and liquidity discount attached to non-central public issuers. Seasonal adjustments are unnecessary as financial secondary markets operate continuously. Week-on-week comparisons are the most effective way to track changes in broader public sector borrowing conditions. Analysts must avoid treating this series as a direct measure of central government debt costs, as agency and local government issuers carry different structural guarantees and market liquidity profiles.
Frequently asked questions
- What issuers are included in the public sector bond category?
- It includes public entities, local authorities, and state-backed agencies other than the central government treasury.
- How does this differ from central government bond yields in the same maturity bracket?
- It measures non-central public sector debt, which typically trades at a slight yield spread over direct central government obligations.
- What maturity window applies to this specific public bond series?
- It covers secondary market bonds with remaining maturities between three and seven years.