PARIS, Sept 28 (Reuters) - The French government will trim its bond issuance next year as it benefits from a smaller budget deficit and lower redemptions, the public debt management agency said on Wednesday.
The Agence France Tresor said that it planned to issue 185 billion euros ($207.46 billion) of medium and long-term debt next year net of buybacks, down from 187 billion euros this year.
This year AFT had bought back 12 billion euros in medium and long-term debt as of the end of August. AFT reduced its T-bill issuance this year by 15 billion euros and aims to keep it steady in 2017.
($1 = 0.8917 euros)
(Reporting by Leigh Thomas; editing by Richard Lough) ((leigh.thomas@thomsonreuters.com; +33 1 4949 5143; Reuters Messaging: leigh.thomas.thomsonreuters.com@reuters.net))
The Agence France Tresor said that it planned to issue 185 billion euros ($207.46 billion) of medium and long-term debt next year net of buybacks, down from 187 billion euros this year.
This year AFT had bought back 12 billion euros in medium and long-term debt as of the end of August. AFT reduced its T-bill issuance this year by 15 billion euros and aims to keep it steady in 2017.
($1 = 0.8917 euros)
(Reporting by Leigh Thomas; editing by Richard Lough) ((leigh.thomas@thomsonreuters.com; +33 1 4949 5143; Reuters Messaging: leigh.thomas.thomsonreuters.com@reuters.net))
