French Treasury 1-month bond

FRA

France Treasury 1-Month bond falls for a second consecutive day, a two-day fall of 0.01% 19 January, 2018

NEWS BITES - BONDS

France Treasury 1-Month bond, has fallen 0.20c (or 0.002%) for a second consecutive day on Friday bringing its two-day fall to 0.90c or 0.01%. The bond last traded at EUR100.05.

France 1-Month1-month3-months1-year
Price Change %0.050.010.01

SECTION 1

1.1 Maturity

IssuerFrance

SECTION 2

FRANCE 1-MONTH BEARISH SIGNALS

Technicals:

+ Falls to Rises in the past month: the number of falls outnumbered rises 13:5 or 2.6:1. The bond traded in 18 of the 23 trading days.

SECTION 3

FRANCE 1-MONTH BULLISH SIGNALS

Technicals:

+ In the last three months the bond has hit a new 52-week high twice.

SECTION 4

PRICE VOLUME DYNAMICS

Technicals:

+ The France 1-Month is at a discount of 0.1% to its 12-month high of EUR100.11 traded on December 13, 2017.

+ It is at a premium of 0.02% to its 12-month low of EUR100.02 traded on February 24, 2017.

+ The present value of EUR1,000 (PV1000) invested one year ago in France 1-Month is EUR1,000, for a capital gain of 9c.

PV10001-week1-year
france-1-month.FR1,0001,000

SECTION 5

MACROECONOMIC INDICATORS

IndicatorValueG20 RankGlobal Rank
GDP (USD Billion)2,46577
GDP growth yoy (%)2.31141
Interest rate (%)0.0526
Inflation rate (%)1.2416
Public debt (USD) (billion)2,501.51561
Public debt per person (USD)38,7891556
Total annual debt change (%)2.5515
Debt to GDP (%)96.01755
Budget Deficit to GDP (%)3.41138
CAD to GDP (%)0.9935
Unemployment rate (%)9.71649
Population (million)64.41118

SECTION 6

CREDIT RATING SUMMARY

France:

Rating AgencyLong TermForeign CurrencyDescription
FITCHAAVery high credit quality: 'AA' ratings denote expectations of very low default risk. They indicate very strong capacity for payment of financial commitments.
DAGONGAHigh Credit Quality: "A" ratings denote expectations of relatively low default risk. The capacity for payment of financial commitments is considered sufficient. However, this capacity may be more vulnerable than those of the higher ratings to adverse business or economic conditions due to any foreseeable event.

Source: www.BuySellSignals.com