French, Dutch, Austrian 2-Year Notes Decline After ECB Loan Data
Two-year notes from France, the Netherlands, Belgium and Austria declined after the European Central Bank said 278 banks will hand back 137.2 billion euros of its three-year loans next week.
The yield on France’s two-year note climbed six basis points, or 0.06 percentage point, to 0.27 percent at 11:31 a.m. London time, while the rate on similar-maturity Austrian securities rose four basis points to 0.25 percent.
Two-year yields on debt from the Netherlands advanced four basis points to 0.29 percent, while Belgium’s two year rate increased five basis points to 0.42 percent.
To contact the reporter on this story: Emma Charlton in London at email@example.com