AFD has a dual status, being both a French public undertaking as an EPIC (“Etablissement Public à Caractère Industriel et Commercial”) and a finance company (“Société de Financement”) regulated by the national banking authority (ACPR). AFD benefits from the same rating as the French state. AFD maintains a EUR 40bn EMTN program, and a EUR 2bn NeuCP program for short-term issues. AFD also issues frequently climate bonds.
AFD commits to communicate extensive and complete information to investors.