BTAN
Encyclopedia
BTAN stands for Bon à Taux Annuel Normalisé (Pl.: Bons à Taux Annuel Normalisés). A bon in the french language
can be a form, voucher or coupon. For example, a bon de commande is an order form. BTAN are coupons bearing French Government bond
s with two and five year maturities
.
French language
French is a Romance language spoken as a first language in France, the Romandy region in Switzerland, Wallonia and Brussels in Belgium, Monaco, the regions of Quebec and Acadia in Canada, and by various communities elsewhere. Second-language speakers of French are distributed throughout many parts...
can be a form, voucher or coupon. For example, a bon de commande is an order form. BTAN are coupons bearing French Government bond
Government bond
A government bond is a bond issued by a national government denominated in the country's own currency. Bonds are debt investments whereby an investor loans a certain amount of money, for a certain amount of time, with a certain interest rate, to a company or country...
s with two and five year maturities
Maturity (finance)
In finance, maturity or maturity date refers to the final payment date of a loan or other financial instrument, at which point the principal is due to be paid....
.
External links
- BTAN sur le site de l'Agence France Trésor, qui gère la dette de l'État