Paris: France is maintaining a loan plan that is 2022 stable next year even though it is greater the deficit of planned and will look into the pioneering market of the relevant green bond inflation, the public debt management agency said Wednesday in the end of the year.
Agence France Tresor said it would issue 260 billion euros ($ 293 billion) in the medium term and long-term buyback bonds to run the third year, unchanged from the plan announced in September.
Said it would press the cash available in the Ministry of Finance’s account to cover a larger deficit than expected in September when the Budget Bill will now be first released parliament.
The deficit now established at 155,100,000,000 euros, up from 143,400,000,000, because the steps announced since September to soften blows from higher energy costs and a new long-term investment plan.
Among new bonds in the pipeline, AFT said the problem of medium-term benchmarks with a period of 3 and 5-6 years.
For long-term bonds, it aims to issue two 10 years and one 15-year benchmark and the possibility of a 20-30 year bond with syndication if the market conditions are correct.
The relevant inflation bonds, AFT said that it could issue a new 30-year indexed on euro zone inflation by syndication and would carry out “exploration work” on adding green bond with a maturity of 10-15 years for the line-up of related inflation bonds.
France pioneering the green bond market is now fast growing for government debt and creating one related to inflation will make the first big publisher in this segment.
($ 1 = 0.8864 Euros)