Investor Presentaiton
A well controlled management of proceeds
Proceeds management: French local authorities are required to deposit their cash balances in
a single account with the French Treasury. The public accountant certifies the proper use of funds
for the eligible projects financed by the loan.
A 12-month allocation period: from a budgetary and accounting point of view, the proceeds of
the bonds will be entered as investment income and cover the capital expenditure for the year.
The principle of budgetary annuality offers a guarantee to investors that the funds raised by the
green and sustainable bonds will be used in the year of mobilization of the borrowings to finance
the Region's investment projects
Reallocation of proceeds: If the Region faces a major controversy on an eligible expenditure,
or if an eligible project becomes ineligible, is postponed or divested, then it will reallocate the net
proceeds to other eligible projects which meet the eligibility criteria of the Framework within 24
months of the reallocation decision
Région
îlede France
Finance department - Investor presentation (January 2024)
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