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Decree N ° 2006 - 1701 Of December 23, 2006 Relating To The Issuance Of The Treasury Values

Original Language Title: Décret n° 2006-1701 du 23 décembre 2006 relatif à l'émission des valeurs du Trésor

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Keywords

ECONOMIE , DETTE PUBLIQUE , EMPRUNT , PRET , EMPRUNT , BON DU TRESOR , TAUX NORMAL , EMISSION , VALUE TRESOR , OBLIGATION , TITRE , FONDS DE SOUTIEN ,


JORF no. 301 of 29 December 2006 page 19815
text No. 24



Order No. 2006-1701 of December 23, 2006 relating to the issuance of Treasury Values

NOR: ECOT0610543D ELI: https://www.legifrance.gouv.fr/eli/decret/2006/12/23/ECOT0610543D/jo/texte
Alias: https://www.legifrance.gouv.fr/eli/decret/2006/12/23/2006-1701/jo/texte


The Prime Minister,
On the report of the Minister of Economy, Finance and Industry,
Having regard to Organic Law No. 2001-692 of 1 August 2001 on Financial Laws;
Having regard to Act No. 2004-1485 of 30 December 2004 of Corrigendum Finance for 2004;
In light of Act No. 2006-1666 of 21 December 2006 on Finance for 2007, Decree:

Article 1


The Minister of Economy, Finance and Industry is authorized to issue publicly tradeable debt securities, at fixed or variable rates, by auction or by trade union. The characteristics of these securities are defined by order of the Minister of Economy, Finance and Industry. The order specifies the dates of maturity and payment of coupons.

Article 2


The Minister of Economy, Finance and Industry is authorized:
- to exchange or redeem, on the market, any title of negotiable public debt. The interest due by the State on the securities exchanged or redeemed shall be paid for the amount accrued on the date of exchange or redemption;
- to carry out foreign exchange transactions or interest rates and purchases or sales of options, term contracts on State securities or other financial instruments in the future;
- to issue Treasury bills for the benefit of the Public Debt Fund in current accounts and similar obligations of the same characteristics as the securities issued under section 1 of this Order or issued previously;
- to carry out operations of state-owned pensions, loans and liquidity deposits on the euro zone's interbank market, with the euro zone states and with the Public Debt Fund;
- to make subscriptions of negotiable receivables issued by administrative public institutions.

Article 3


The debt agency makes public every month the transactions carried out under this Order in Council during the previous month. These include:
- the nominal amounts, the dates of maturity and payment of coupons, interest rates, technical characteristics and, if applicable, the emission price as a percentage of the nominal capital of each program that has occurred pursuant to Article 1 of this Order, as well as the possible conditions of assimilation;
- the amounts of securities issued to the Public Debt Fund pursuant to Article 2 of this Decree;
- the nature and overall amount of foreign exchange transactions or interest rates and purchases or sales of options, term contracts on State securities or other financial instruments in the term referred to on the trade account provided for in Article II of Organic Law No. 2001-692 of 1 August 2001 on the financial laws;
- the amount of securities exchanged or redeemed, as well as the conditions of such exchanges and redemptions;
- the stock of the securities taken or placed on board at the end of the month, as well as on average over the month;
- the amount of subscriptions of negotiable debts issued by administrative public institutions, loans and deposits of liquidity on the interbank market of the euro zone, to the states of the euro zone and to the Public Debt Fund, at the end of the month, as well as on average during the month.

Article 4


The Minister of Economy, Finance and Industry is responsible for the execution of this Order, which will be published in the Official Journal of the French Republic.


Done in Paris, December 23, 2006.


Dominique de Villepin


By the Prime Minister:


Minister of Economy,

finance and industry,

Thierry Breton


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