OATs (Obligations assimilables du Trésor) are
government bonds
A government bond or sovereign bond is a form of bond issued by a government to support public spending. It generally includes a commitment to pay periodic interest, called coupon payments'','' and to repay the face value on the maturity da ...
issued by Agence France Trésor (French Treasury), generally by auction according to an annual calendar published in advance. These
fungible securities
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any for ...
are issued with
maturities of seven to 50 years, and have become the method of choice for placing the French government's long-term debt.
Agence France Trésor
/ref>
See also
* List of government bonds
* BTF
* BTAN
References
Economy of France
Government bonds issued by France
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