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.