Decree No.. 2003-1383 Of 31 December 2003 Relating To The Issuance Of Treasury Securities

Original Language Title: Decree No. 2003-1383 of 31 December 2003 relating to the issuance of Treasury securities

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Implementing legislation Decree No.. 2003-1369 of 31 December 2003 on the entry into force of decrees and summary Application of s. 8 of the Amending Finance Act for 2000 (2000 - 1353). Keywords ECONOMY, PUBLIC DEBT, BORROWING, LENDING, BORROWING OF STATE TREASURY, GOOD, NORMAL RATE, outcome, VALUE THE TREASURY, OBLIGATION, TITLE, SUPPORT FUND PENSION, FUND PUBLIC DEBT, TREASURY, SIMILAR bonds, OAT, FIXED RATE VARIABLE ADVANCE ADVERTISING, EURO, EXCHANGE, REDEMPTION, STATE TITLE, BOARD OF TITLE, BUDGET, FINANCIAL MARKET, OPTION, OPA, OPV, future CONTRACT JORF No.. 1 of January 1, 2004 page Text DECREE No. 71. Decree No. 46. 2003-1383 of 31 December 2003 relating to the issuance of Treasury securities NOR: ECOT0310491D ELI: http://www.legifrance.gouv.fr/eli/decret/2003/12/ to 31 / ECOT0310491D / OJ / Text AKA: http://www.legifrance.gouv.fr/eli/decret/2003/12/31/2003-1383/jo/texte The Prime Minister., On the report of Minister of Economy, Finance and Industry, Having regard to Article 8 of the Amending Finance Act for 2000 (No. 2000-1353 of 30 December 2000); Given the Finance Act for 2004 (No. 2003-1311 of 30 December 2003), Decrees: Article 1 Learn more about this article... The Minister of the Economy, Finance and Industry is authorized to issue negotiable securities of the public debt at fixed or variable rate, by auction or syndication. The features of these securities are set by order of the Minister of Economy, Finance and Industry. The decree specifies in particular the due dates and payment coupons. Article 2 More about this article... The Minister of the Economy, Finance and Industry is authorized:-to exchange or buy on the market, under the negotiable debt. Interest owed by the State is switched or redeemed are paid for the amount accrued at the date of the exchange or redemption; -To conduct operations of currency exchange or interest rates and the purchase or sale of options or future contracts; -To be issued to fund public debt Treasury bills on current accounts and fungible bonds with the same characteristics as the securities issued pursuant to Article 1 of this decree or previously issued; -To conduct repo transactions on government securities, loans and deposits of liquidity in the interbank market in euros, with States of the euro area and with the fund public debt. Article 3 More about this article... An order of the Minister of Economy, Finance and Industry, published monthly in the Official Journal, describes the operations under this Decree during the previous month; It specifies in particular:-the notional amounts, maturity dates and coupon payments, interest rates, the technical characteristics and, if appropriate, as a percentage of the price of the end face amount of each intervened issue under Article 1 of this Order, and any conditions of assimilation; -The amounts of the securities issued in favor of the Fund of public debt pursuant to Article 2 of this Order; -The nature and the overall amount of operations of currency exchange or interest rates and purchases of future or options contracts or sales of government securities; -The amount of securities traded or redeemed, and the conditions of these exchanges and redemptions; -The stock of securities purchased or sold under repurchase at the end of the month and on average over the month; -The amount of borrowings and deposits of liquidity in the interbank market in euros, with States of the euro area and with the Fund of public debt at the end of the month and on average over the month. Article 4 More about this article... The Minister of the Economy, Finance and Industry is responsible for the execution of this decree, to be published in the Official Journal of the French Republic. Done at Paris, 31 December 2003. Jean-Pierre Raffarin By the Prime Minister: The Minister of Economy, finances and Industry Francis Mer

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