AGENCE FRANCE TRESOR is tasked with managing the government debt and cash positions under the most secure conditions in the interest of the taxpayer.
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Terms & Conditions  

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Author's rights - Copyright

Agence France Trésor (hereinafter referred to as "AFT") is the sole holder of all rights pertaining to its website (copyright, rights related to copyright, and sui generis database protection). The reuse of public information for a purpose other than AFT's original public service mandate is possible.
Such reuse, irrespective of the medium, shall be free, non-exclusive and for non-commercial purposes, and shall be subject to the conditions set out below.
Provided that the source and date of the last update is given, information may be excerpted, copied, distributed, translated and adapted – but not altered – for the purposes of being included in derivative works on any type of medium.
The right to reuse information does not, however, extend to works protected by intellectual property rights that may be held by AFT, such as the AFT's "Annual Reports" and "Monthly Bulletins". In such cases, reuse of the content of these works is conditional on the granting of special permission by the rights holder, in compliance with the conditions set out in the French Intellectual Property Code. Requests for permission must be sent to the AFT's Publication Director.
Similarly, information for which third parties hold the intellectual property rights may not be reused. In such cases, permission must be sought directly from the rights holders by the user.
Lastly, reuse of information must comply with the data privacy provisions of the French Data Protection Act of 6 January 1978.

Graphics, photos and multimedia resources

Graphics, photographs and multimedia resources may not be reproduced without prior consent. For the graphic creations and illustrations, requests must be directed to the right holders.


Official texts
Despite all the efforts we make to preserve the integrity of official documents placed online, accidental changes cannot always be prevented.

Editorial texts
Editorial texts have no official value and they are only intended to show the activities of Agence France Trésor and facilitate access to the site content.

Links to other websites
Links to other websites, whether private or official, French or foreign, are provided.
Under no circumstances shall they commit Agence France Trésor as regards the content thereof and are only designed to enable the internet user to gain easier access to other documentary resources on the topic consulted.

Creation of links to

Agence France Trésor's website authorises any website or other medium to refer to or establish a hypertext link to its pages, provided that:
- the deep link technique is not used. That is to say, that the pages of the website must not be put within the pages of another website but visible by opening an independent window. That greatly facilitates navigation.
- the source that points to the content in question via a hypertext link is mentioned: it is desirable to explicitly mention the website in the title of the link
The information must only be used for personal, educational, non-profit making or professional purposes; any use for commercial or publicity purposes is prohibited.
Under no circumstances shall this authorisation apply to websites that disseminate, racist, pornographic, xenophobic or controversial information that would offend the majority.

Personal data

Personal data gathered when subscribing to electronic alerts from the Agence France Trésor website is only used for sending said electronic alerts. You may unsubscribe at any time by contacting the webmaster. No personal information is passed on to third parties.

Agence France Trésor is committed to ensuring that the collection and processing of your data comply with the General Data Protection Regulation (GDPR) and the French Data Protection Act.

Pursuant to Article 27 of the French Data Protection Act (loi Informatique et Libertés) of 6 January 1978, no personal information is collected without your knowledge and you have a right to access, correct, amend or remove data relating to you. You may exercise this right by contacting the webmaster. You can also write to us at the following address: Ministère de l'Économie, Agence France Trésor, Service Information Communication, 139 rue de Bercy 75572 Paris Cedex 12.


In order to find out the areas that interest visitors to the site and with a view to improving them, we may calculate the number of pages viewed, the number of visits and the activity of visitors to the site and their frequency of return. To that end, "cookies" technology may be used on parts of this site.
Moreover, Agence France Trésor may also analyse the number of visitors to the site using connection data. The IP addresses relating to consultations will not be kept for more than 24 hours. You can refuse these "cookies" or delete them wihtout it having any effect on your access to the web pages.
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