Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

France May Cut 2011 Debt Sales as Finances Improve, Mills Says

France will probably sell fewer bonds than the 186 billion euros worth planned for next year amid improving government finances as the regional sovereign-debt crisis eases, the head of the country’s debt agency said.

“It’s very probable that it will be slightly below” 186 billion euros, said Philippe Mills, chief executive officer of Agence France Tresor. “We have slightly below funding needs with the implementation of fiscal consolidation. The commitment of the French government is very strong.”

France, the second-largest economy in the euro area, will probably also exceed its target to cut the amount of Treasury bills outstanding by 15 billion euros this year, Mills said. “The mainstream scenario is that it will be more than 15 billion euros,” he said in an interview in Brussels today.

France may issue a new 15-year inflation-linked bond denominated in euros within weeks, depending on demand, he said.

“We are interested in doing this kind of maturity, but we’re open on the timing,” Mills said. ‘It could be in coming weeks or early 2011.’’

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.