AFD // 2021 Universal Registration Document
1
PRESENTATION OF AFD
Financing of own-account activities
The outstanding debt stock at as of 31 ɸ December 2021 is mainly denominated in euros:
1 % Other
14 % ưƮƟ
85 % Ơưƭ
To meet its growing financing requirements, AFD ensures that it constantly maintains and expands its investor base which guarantees secure access to cash resources and competitive prices. The investor base by geographic area and type of “public” (1) operations breaks down as follows:
❙ Geographical area
❙ Type of operation
100
100
12%
14%
90
15%
20%
28%
22%
28%
90
32%
41%
80
46%
80
16%
13%
27%
70
34%
15%
70
19%
60
3% 8%
16%
24%
5% 8%
60
10% 3% 8%
31%
50
10% 3%
21%
12%
50
16%
26%
14%
40
25%
18%
6% 6%
40
11%
8%
30
18%
19%
30
5%
17%
11%
25%
20
26%
28%
20
26%
27%
21%
10
20%
21%
21%
19%
10
11%
0
0
2017
2018
2019
2020
2021
2017
2018
2019
2020
2021
#UUGV /CPCIGT
Other Europe
Other
+PUWTCPEG 2GPUKQP (WPF
Americas
Germany/Switzerland
$CPMU 2TKXCVG $CPMU
ME / Africa
UK
Other
%$ 1HƒEKCN +PUVKVWVKQPU
Asia
France
(1) So-called “public” operations generally meet three main criteria: (i) they are publicised widely to target domestic and international investors, (ii) an order book is held to collate investor subscriptions and (iii) there is a minimum amount to meet the benchmark size (equal to or greater than €500M or $500M for fixed-rate loans).
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www.afd.fr
2021 UNIVERSAL REGISTRATION DOCUMENT
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