Dexia Municipal Agency The Dexia group's Société de Crédit Foncier (SCF)
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Characteristics of issues
Issues outstanding and program for the year


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Dexia MA's general issuance policy is to:

- Build a curve of Benchmark issues in euros, and in other currencies,

- Enhance liquidity of Euro Benchmarks through market making,

- Maintain an active presence in international markets,

- Develop the investor base through active communication as well as direct and regular relations
   with investors.


See table of Benchmarks outstanding per maturity, More

See complete list of issues outstanding. More


Program for the year 2008:

Program of 17 billion euros approximately, through public issues and private placements.

- OF and registered covered bond outstanding forecast, end of December 2008: around 70 billion euros

- Assets forecast, end of December 2008: around 80 billion euros


Market making:

- Several banks have signed a market making charter. More
- See the codes of market makers pages on Reuters. More

The financial report for the 1st half of 2010 is now available online.