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SSASupras and agencies

Agence France Trésor — predictably innovative

France’s debt management office — the Agence France Tresor — has a reputation for innovation largely thanks to its impressive leadership in the European inflation-linked bond market and its appetite for introducing new maturity benchmarks. But despite this pioneering spirit, the organisation places predictability at the heart of its operations — a lesson that other sovereign debt management offices could follow, writes Craig McGlashan.

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