20 July 2009: Selection of the primary dealers team

This page is an archive, only available in English and French.

Christine Lagarde, Minister of Economy, Industry and Employment, has approved the new selection of the primary dealers team (SVT), on recommendation by a selecting committee and by the Head of Treasury and Economic Policy Directorate General. The selected establishments have a three-year renewable term, in compliance with the new Charter for their activity published today by Agence France Trésor.
The following SVTs have been given a new term : 
Bank of America-Merrill Lynch, Barclays Capital, BNP Paribas, Calyon, Citigroup, Commerzbank (formerly Dresdner), Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JP Morgan, Morgan Stanley, Natixis, Nomura, Royal Bank of Scotland, Société Générale and UBS.

Access to the primary dealers team:
After a one-year period, the SVT will, with the Agence France Trésor, discuss the development of their operations as primary dealers.

All SVTs selected for the period 2006-2009 are included, except for Dresdner, which was taken over by Commerzbank, while Merrill Lynch and Bank of America, and Royal Bank of Scotland and ABN Amro, have merged.

The list now has 18 names or 4 French banks, 8 European banks, 5 American banks and one Japanese bank. This geographical diversity confirms the central role and the attractiveness of the French sovereign debt, in the Euro debt market.

Press contact:
Pierre Salaun
+33 1 4004 1550
+33 6 7224 0388