The last annual report of Agence France Trésor, which is in charge of managing French State debt and was chaired by the head of the Treasury, Bruno Bezard until he was replaced by Odile Renaud-Basso last summer, has revealed that the amount of issuance premiums collected by France in 2015 reached near 25 billion euro. The same report (p.20) shows that this situation is quite atypical in the eurozone since Germany collected ten times less and Italy, another major borrower, three times less.
What are we talking about? The State, through AFT, when it issues a bond, can ...