The yield on France 10Y Bond Yield eased to 3.44% on September 11, 2025, marking a 0.02 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.04 points and is 0.59 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. France 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

The average yearly yield of French 10-year government bonds has shown a significant downward trend from 1990 to 2024. Starting at nearly *** percent in 1990, yields steadily declined, with slight fluctuations, reaching a low of ***** percent in 2020. After 2020, yields began to rise again, reflecting recent increases in interest rates and inflation expectations. This long-term decline indicates decreasing inflation and interest rates in Australia over the past decades, with recent economic conditions prompting a reversal in bond yields.

The yield on France 30 Year Bond Yield rose to 4.33% on September 12, 2025, marking a 0.05 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.14 points and is 0.89 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for France 30Y.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for France (IRLTLT01FRM156N) from Jan 1960 to Jun 2025 about France, long-term, 10-year, bonds, yield, government, interest rate, interest, and rate.

As of April 16, 2025, French government debt securities with a maturity date of over six years returned higher yields than *** year before. On the other hand, the yield for a maturity shorter than *** year was lower than *** year before. The lowest yield was found on securities with maturities of two years, which returned **** percent. Conversely, 30-year French government bonds recorded a positive yield of **** percent. Positive bond yields mean that investors receive more money at the bond's maturity than the original purchase price of the bond, owing to low demand for the bond on money or capital markets.

As of April 16, 2025, the French bond market displayed a positive spread of ***** basis points between 10-year and 2-year yields, indicating long-term rates above short-term ones. The 5-year versus 2-year spread was also positive, at **** basis points. The 2-year versus 1-year spread, on the other hand, showed a negative value of **** basis points.

France Turnover: Secondary Market: Order Book: Bonds data was reported at 139.317 EUR mn in Nov 2018. This records a decrease from the previous number of 160.206 EUR mn for Oct 2018. France Turnover: Secondary Market: Order Book: Bonds data is updated monthly, averaging 310.928 EUR mn from Jan 2004 (Median) to Nov 2018, with 179 observations. The data reached an all-time high of 2,841.906 EUR mn in Jan 2010 and a record low of 122.150 EUR mn in Aug 2018. France Turnover: Secondary Market: Order Book: Bonds data remains active status in CEIC and is reported by Euronext. The data is categorized under Global Database’s France – Table FR.Z003: Euronext: Turnover Value.

View market daily updates and historical trends for France-Germany 10 Year Bond Spread. Source: Eurostat. Track economic data with YCharts analytics.

Since early 2020 the difference between the yield on three and six month bonds issued by the French government has fluctuated, with six month bonds being higher in early and late 2020, while three-month bonds recorded a higher yield at most other points of this period. As of ********, three-month bonds reached a yield of *** percent, while yields on six-month bonds were just slightly lower. Positive bond yields signify that investors receive more money at the bond's maturity than the original purchase price of the bond, owing to low demand for the bond on money or capital markets.

Outstanding corporate debt securities increased slightly in France in the first quarter of 2024. The total value found at the end of said quarter reached around ************** U.S. dollars. The majority of outstanding corporate bonds (and other debt securities) were issued by financial corporations, with the total outstanding debt amounting to ************ U.S. dollars as of the first quarter of 2024.

View market daily updates and historical trends for Spain-France 10 Year Bond Spread. Source: Eurostat. Track economic data with YCharts analytics.

On 24 January 2017, Agence France Trésor launched its first Green sovereign bond (the Green OAT), with a coupon of 1.75% maturing on 25 June 2039. Its initial insuance volume amounted to seven billion euros, making France the first country to issue a benchmark size sovereign green bond. The amount outstanding for the Green OAT at the end was over 35 billion euros as of April 2024.Green OAT objectives and energy transitionThe Green OAT framework states that expenditure must be devoted to one of the four following goals: taking action against climate change (mitigation), adapting to climate change, protecting biodiversity and reducing pollution. Among these objectives, mitigation seems to be the most important concern: fighting climate change appears to be a priority for which effective initiatives can be implemented without delay. In order to achieve these objectives, the French Green OAT finances programs in six major sectors: Building, Energy, Transport, Living resources, Pollution and Adaptation. Out of the 5.9 billion euros allocated in 2019, 1,765 million euros have been devoted to the building sector, which, according to the Agence France Trésor, contributed almost entirely to the objective of climate change mitigation. France: leader in the green bond marketWhile the French government is the largest green bond issuer in France, it is not the only player in the green bonds market. Indeed, French banks have an important role in the issuance of green bonds: in 2019, Credit Agricole and BNP Paribas were part of the leading European banks in green bond underwriting. The strong involvement of French government and banks in the issuance of green bonds makes France one of the leaders in the global green bond market.

France Gross External Debt: OS: ST: Money Market Instruments data was reported at 15,643.000 EUR mn in Jun 2018. This records an increase from the previous number of 14,255.000 EUR mn for Mar 2018. France Gross External Debt: OS: ST: Money Market Instruments data is updated quarterly, averaging 14,544.000 EUR mn from Mar 2008 (Median) to Jun 2018, with 42 observations. The data reached an all-time high of 23,108.000 EUR mn in Sep 2015 and a record low of 8,970.000 EUR mn in Mar 2008. France Gross External Debt: OS: ST: Money Market Instruments data remains active status in CEIC and is reported by Bank of France. The data is categorized under Global Database’s France – Table FR.JB012: BPM6: External Debt.

France Turnover: Secondary Market: Order Book: Bonds: Other data was reported at 157.620 EUR mn in Oct 2018. This records an increase from the previous number of 143.848 EUR mn for Sep 2018. France Turnover: Secondary Market: Order Book: Bonds: Other data is updated monthly, averaging 283.569 EUR mn from Jan 2004 (Median) to Oct 2018, with 178 observations. The data reached an all-time high of 2,831.836 EUR mn in Jan 2010 and a record low of 121.039 EUR mn in Aug 2018. France Turnover: Secondary Market: Order Book: Bonds: Other data remains active status in CEIC and is reported by Euronext. The data is categorized under Global Database’s France – Table FR.Z003: Euronext: Turnover Value.

View market daily updates and historical trends for Italy-France 10 Year Bond Spread. Source: Eurostat. Track economic data with YCharts analytics.

Green bonds are fixed-income financial instruments that have positive environmental and/or climate benefits and are designed to raise money for climate and environmental projects. France was one of the leading green bond markets worldwide in 2019, the main green bonds issuer being the French Republic, with bonds issued reaching 9.7 billion euros in March 2018.

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Fixed Income Assets Management Market Size 2025-2029

The fixed income assets management market size is valued to increase USD 9.16 tr, at a CAGR of 6.3% from 2024 to 2029. Increasing investment in fixed income assets will drive the fixed income assets management market.

Major Market Trends & Insights

North America dominated the market and accounted for a 35% growth during the forecast period.
By Type - Core segment was valued at USD 13.18 tr in 2023
By End-user - Enterprises segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 55.33 tr
Market Future Opportunities: USD 9156.40 tr
CAGR : 6.3%
North America: Largest market in 2023

Market Summary

The market encompasses the management and investment in various types of debt securities, including bonds and treasuries. Core technologies and applications, such as portfolio optimization algorithms and risk management tools, play a crucial role in this market's continuous evolution. One significant trend is the increasing adoption of bond exchange-traded funds (ETFs), which accounted for over 20% of global fixed income assets under management in 2021.
However, the market faces challenges, including transaction risks and regulatory changes. For instance, the European Securities and Markets Authority's (ESMA) updated guidelines on MiFID II reporting requirements have impacted market participants. Despite these challenges, opportunities persist, including the growing demand for active management strategies and the increasing popularity of alternative investment-grade bonds.

What will be the Size of the Fixed Income Assets Management Market during the forecast period?

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How is the Fixed Income Assets Management Market Segmented and what are the key trends of market segmentation?

The fixed income assets management industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD tr' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Core
  Alternative


End-user

  Enterprises
  Individuals


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The core segment is estimated to witness significant growth during the forecast period.

Fixed Income Asset Management (FIAM) is a strategic investment approach that focuses on managing a diversified mix of US dollar-denominated fixed-income securities. This strategy encompasses various types of securities, including investment-grade bonds, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities (RMBS), asset-backed securities (ABS), US government bonds, corporate debt, and other securitized assets. FIAM strategies employ rigorous research and risk management techniques to deliver consistent, solid returns, balancing both capital growth and income objectives. Portfolio managers meticulously blend securities across issuers, maturities, and jurisdictions to cater to the varying requirements of investors. Quantitative bond strategies, such as yield curve modeling and duration and convexity analysis, play a crucial role in FIAM.

These strategies help in assessing the risk-reward trade-off and optimizing the portfolio's sensitivity to interest rate changes. Interest rate swaps and other interest rate derivatives are essential tools in managing FIAM. They enable portfolio managers to hedge against interest rate risk and adjust the portfolio's duration to maintain an optimal risk profile. Performance attribution models and option-adjusted spread analysis are essential for evaluating the effectiveness of FIAM strategies. These models help in understanding the contribution of various factors to the portfolio's overall performance. Liquidity risk management is another critical aspect of FIAM. Portfolio managers employ various techniques, such as securitization and debt portfolio optimization, to manage liquidity risk and ensure that the portfolio remains accessible to investors.

Global macroeconomic factors, such as inflation, economic growth, and interest rates, significantly impact the FIAM market. Inflation-linked securities and credit default swaps are popular instruments used to hedge against inflation risk and credit risk, respectively. The FIAM market is experiencing steady growth, with an increasing number of investors recognizing the benefits of this investment strategy. According to recent studies, the market is projected to expand by approximately 12% in the coming year. Additionally, there has been a significant increase in the adoption of quantitative bond strategies, with over 40% of portfolio managers re

Amounts outstanding of debt securities issued in international markets by residents of France of all issuers (nationality of All countries excluding residents of all issuers), all currencies, Total all currencies, original maturity of total (all maturities), remaining maturity of total (all maturities), all interest rates

France Gross External Debt: CI: ST: Money Market Instruments data was reported at 1,434,245.000 EUR mn in Jun 2018. This records an increase from the previous number of 1,324,292.000 EUR mn for Mar 2018. France Gross External Debt: CI: ST: Money Market Instruments data is updated quarterly, averaging 928,495.000 EUR mn from Mar 2008 (Median) to Jun 2018, with 42 observations. The data reached an all-time high of 1,434,245.000 EUR mn in Jun 2018 and a record low of 710,771.000 EUR mn in Dec 2013. France Gross External Debt: CI: ST: Money Market Instruments data remains active status in CEIC and is reported by Bank of France. The data is categorized under Global Database’s France – Table FR.JB012: BPM6: External Debt.

Italy’s spunbond non-woven fabric market is anticipated to exceed USD 230 million by 2025–2030, with strong demand from the healthcare and automotive sectors.