France plans to issue 340 billion euros of medium- to long-term bonds in 2027, with a total financing requirement of 339.7 billion euros. The maturity of a record debt of €189.2 billion will further increase the pressure to refinance. The French Treasury Bonds Office anticipates interest rates of 3% for 3-month treasury bills and 4.3% for 10-year benchmark treasury bonds, highlighting that France's public finance is facing an increasingly expensive financing environment.

France plans to issue 340 billion euros of medium- to long-term bonds in 2027, with a total financing requirement of 339.7 billion euros. The maturity of a record debt of €189.2 billion will further increase the pressure to refinance. The French Treasury Bonds Office anticipates interest rates of 3% for 3-month treasury bills and 4.3% for 10-year benchmark treasury bonds, highlighting that France's public finance is facing an increasingly expensive financing environment.