Debt Agency
The French Community's financing needs are the result of the differences between its revenues - almost exclusively institutional - and its expenditures. These needs are fulfilled by borrowings and it’s the Debt Agency, upon the order of the Community Minister responsible for the Budget and Finance, which proceeds to their negotiation and issuance.
Community Treasury management – short-term investment and CP issuance – is also a competence of the Budget and Finances Directorate-General.