The Market Committee

The Market Committee aims at developing rules reflecting the commitment of the SVT to maintain executable prices on the French government bond secondary market, traded on multilateral trading systems, and in particular:

  • the rules for listing and trading of government bonds,
  • the arrangements for monitoring compliance with the Market Rules by the Participants and the procedures and sanctions in case of any breach,
  • the eligibility criteria for admission and cancellation of multilateral trading systems.

Agence France Trésor is a non-voting member of the Market Committee and attends all of the Committee’s meetings in this capacity.

The secretariat of the Market Committee, originally performed by the AMTE (Association of Debt Markets in Euro), is provided today by ICMA’s rep office in Paris (International Capital Market Association) which merged with AMTE in March 2009.