Repurchase Agreement Meaning In French

The repurchase scheme allows a public body to lend To the Public Debt Fund (CDP) French government bonds that are difficult to obtain on the market in exchange for other French securities of equivalent value. These loans are temporary and generate interest. The French government makes securities available to the Fund. Under the Finance Act, the government can issue securities directly to the Fund. Primary distributors are asking Agence France-Treasury for the use of the renuving facility. Pension facility loans are for RTTs, OATs and indexed securities. The purpose of the facility is to increase the liquidity of these securities in certain circumstances.

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