PARIS (MNI) – France’s borrowing requirement in 2013 will be E171.1
billion, down from an expected E182.8 billion this year, the debt agency
Agence France Tresor announced Friday.
The borrowing requirement includes the projected 2013 deficit of
E61.6 billion and E107.9 billion from the redemption of medium- and
long-term debt falling due next year.
Issuance of medium- and long-term BTAN and OAT bonds net of
buybacks will be E170 billion, the debt agency said, down from E178
billion this year.
Issuance of BTF bills next year is projected to decline by E10
billion compared to the amount issued in 2012, the agency said.
–Paris newsroom, +33142715540; jduffy@marketnews.com
[TOPICS: M$F$$$,MGX$$$,MNXAU$,M$X$$$]
