Agence France Locale, founded in 2013 and based in La Défense, France, serves as a public development bank aimed at providing financing solutions for local authorities across the country. Its primary purpose is to foster local economic development through tailored financial products that empower municipalities to fund public projects efficiently. The company specializes in issuing bonds to raise capital, offering attractive rates and flexible terms for local governments to achieve their infrastructure goals.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Agence France Locale has become a significant player in the bond market, first issuing its bonds in 2016. Notably, the agency successfully completed a €1 billion bond issuance in 2020, which was instrumental in financing sustainable local development projects. The current yields of Agence France Locale bonds are competitive within the industry, reflecting strong demand from investors seeking stable opportunities backed by local government projects. Additionally, the agency's bonds are notable for their green investment features, aligning with global sustainability goals, and it has maintained a robust track record in fulfilling its obligations on time, which has enhanced investor confidence.