Agence France Trésor (AFT)

Agence France Trésor (AFT) is responsible for meeting the cash needs of the State so that it is able to meet all of its financial commitments at all times and in all circumstances. This mission is carried out throughout the year, but also on a day-to-day basis: revenue and disbursement forecasts by the State and Treasury correspondents are constantly updated; the execution of flows on the account is monitored to meet a one-off cash requirement. AFT's mission is to manage the debt in the best interests of the taxpayer. AFT's strategy is to adopt a long-term perspective while remaining close to the market. It promotes liquidity on all the debt products it issues, in total transparency and a desire to combine innovation and security. Placed under the authority of the Minister for the Economy, Finance and Industrial and Digital Sovereignty and the Director General of the Treasury, AFT is a service with national competence (SCN). It has the visibility and the means necessary for its activity, particularly with regard to the complexity of the financial markets and the need to have close contact with all the financial players. AFT is made up of 50 agents (22 women and 28 men), 23 contract workers and 27 civil servants. They perform both operational (treasury, market operations, risk control and post-trade, IT) and analysis (modeling, economics and law) and communication functions. The Agency is characterized by the diversity of the training and background of the agents. They share the same values as those of the Treasury: commitment, loyalty, openness and team spirit.