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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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Yearly auction calendar  



The Agence France Trésor reserves the right to cancel an auction listed on the calendar if exceptional market conditions warrant it, or to hold an extra auction according to its borrowing needs and market trends.

Furthermore, the State reserves the right to create new, long- or medium-term lines during the year, or to issue further tranches of previous issues in accordance with market conditions. The State also reserves the right to use banking syndicate issue procedures.

The exact nature of the State issues will be communicated to the market in the days preceding each auction with information on the volume of the issues.

In accordance with the new provisions stemming from the entry into force of the European Central Securities Depository Regulation (CSDR), all trades on the secondary market made through regulated markets will be settled at T+2, or two days after the trade date, starting on 6 October 2014. More specifically, this concerns trades in OATs and BTANs, which will be settled at T+2 (instead of T+3 at present). The change will have no impact on the BTF trades, which are already being settled at T+2. AFT will analyse the implications of potential harmonisation of auction settlement dates and market settlement dates.





MAJ : 06 Jan. 2014