France's Sovereign Debt Issuance Strategy

The French sovereign debt issuance strategy has two main objectives: to ensure financing at the best cost for the taxpayer and to limit the debt refinancing risk. Agence France Trésor's issuance policy translates these objectives into practice by maximising the liquidity of its bonds and ensuring that it maintains a permanent capacity to place its securities with a diversified and resilient invest... Lire la suite