News

Caisse Française de Financement Local (CAFFIL) has today, September 2nd 2015, launched a new public Obligations Foncières (covered bond) transaction at an efficient cost with a spread of 5.5 bps below the OAT curve.

The European Commission announced today that it authorizes the public bank SFIL and its subsidiary CAFFIL to extend their scope of activities to the refinancing of large export credits. This new mission entrusted to SFIL by the French state consists in refinancing credits-buyers contracts insured by Coface. SFIL will thus contribute to improve export competitiveness […]

Caisse Française de Financement Local (CAFFIL) launched today, April 16, 2015, its second public issue of Obligations Foncières (covered bonds) for this year, and the sixth since the creation of CAFFIL signature in 2013. This issue has a benchmark size of EUR 1.0 billion, and the choice of an eight year maturity creates a new […]

SFIL will be at the heart of the new set-up announced today by the President of the French Republic to strengthen the export capacity of French companies. The public bank will refinance loan contracts to export clients insured by the French export credit agency Coface and thus contribute to improve competitiveness for large export contracts.

The first public issue of Obligations Foncières (covered bonds) in 2015 of Caisse Française de Financement Local (Caffil) has been launched on January 15th 2015. This transaction with a volume of EUR 500 million has a maturity of 20 years, which is a very long maturity for the covered bond market. The success of this […]

La Société de Financement Local (Sfil), pour le compte de sa filiale Caffil, et le Conseil Général de Seine-Saint-Denis (CG 93) ont conclu une opération de désensibilisation, accompagnée de financements nouveaux, pour un montant global de 407 millions d’euros. Cette opération est éligible à l’appui du fonds de soutien aux collectivités territoriales ayant contracté des […]

The results of the AQR published by the European Central Bank on October 26, 2014 are highly satisfactory for Société de financement local (Sfil). They confirm the relevance and the great prudence of the risk management policy implemented by the bank. The stress test, equally satisfying, demonstrates the strong capitalization and the very good risk […]

Caisse Française de Financement Local (Caffil) launched a new benchmark covered bond issue (obligations foncières) on September 8, 2014. This obligations foncières issue, which amounts to EUR 1.25 billion and carries a 5 year maturity, was remarkably successful. This new maturity will complete the previous issues launched since the creation of Caffil in the beginning […]

The first public covered bond issue was successfully launched by Caisse Française de Financement Local on January 7, 2014. This obligations foncières issue amounts to EUR 1 billion and carries a 10 year maturity.