BANK OF FRANCE TO HOLD MONEY MARKET TENDER TODAY
  The Bank of France said it has invited
  offers of first category paper today for a money market
  intervention tender.
      Money market operators were divided over whether the Bank
  of France will use to occasion to cut its intervention rate,
  which has stood at 7-3/4 pct since March 9.
      Some thought a price cut unlikely while others said there
  was room for a further 1/4 point cut by the bank.
  

