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At December 31, 2006, the outstanding negociable debt of the French central government amounted to €876.6bn (at nominal value, including accrued inflation), €760m lower than at December 31, 2005.
The situation of financing operations is as follows :
- The outstanding short-term debt (BTF) has been reduced by €29.1bn to stand at €66.2bn;
- The medium-and-long term issuance (OAT and BTAN), net of buybacks, amounted to €104.1bn which is broken down into €121.1bn of gross issuance and €17.1bn of buybacks, maturing 2007 and 2009.
Following the buyback operations carried out in 2006, the amount of OAT and BTAN redemptions in 2007 comes to €69bn . Thus, the funding programme of medium-and-long term issuance for 2007 now stands at €102.5bn.
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