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AlertesInfos reported that Amnesty International was calling on the government to abandon the so-called “rioters payers” bill, which it deemed an infringement on freedoms and likely to violate France's international obligations regarding human rights. The NGO warned of a threat to the right to protest and the risk that financial sanctions could weigh on all participants. The text could make individuals civilly liable for violence, thefts, or damage they did not personally commit, provided they knowingly participated in a group where these acts were committed, AlertesInfos stated. The bill was to be debated in the Senate the next day, according to the report. #DroitsHumains #Liberté #Manifestation (translated)

Sylvain Catherine argued that the interest rate is an equilibrium price, not an initial parameter of the problem. According to him, since German debt is more attractive at the same rate, France needs to propose a higher rate so that investors are, on average, indifferent between the bonds of the two countries. He described the rate spread as the market price of the French disadvantage, rather than as an advantage or disadvantage in itself. He found the original tweet absurd, accusing it of confusing the rate, which he presented as a free variable, with the risk taken by the lender. He compared this reasoning to the idea that the salary gap between a graduate from HEC and a graduate from the Paris School of Business would be a problem for HEC if both schools were of equal quality, since employers would then prefer to recruit the less expensive graduates. #Économie #TauxDIntérêt #Obligations (translated)

News - Barça indicated that FC Barcelona had issued €105 million in Media Notes, maturing in October 2036. According to the account, this operation completed the €210 million planned as part of two issuances approved by the General Assembly of Socios. The author estimated that the speed of the placement and the maintenance of the rate gap demonstrated market support and investor confidence in the club's ability to generate revenue and implement its long-term plans. He added that FC Barcelona maintained its BBB credit rating, with a stable outlook, assigned by Morningstar DBRS. #FCBarcelona #obligations #investissement (translated)

Sylvain Catherine wrote that Germany was going to issue bonds called "FSIB" to compete with France in the bond market. He stated that these securities would address a problem raised by economist Thomas Porcher, predicting that Germany would not repay its creditors if France defaulted. According to him, the initiative could provoke anger in Paris by challenging the French advantage in the sovereign debt market. He added that the German Ministry of Finance justified this innovation by denouncing unfair competition from France. #Obligations #MarchéFinancier #Économie (translated)

Sylvain Catherine judged a response to his tweet to be of poor quality, considering that it already addressed most of the points raised. He particularly disputed the comparison between the France-Germany and U.S.-Germany spreads: according to him, the U.S. borrows in dollars while Germany borrows in euros. The spread between these two countries would therefore also reflect a gap in anticipated inflation — about 0.5 points higher in the U.S. over the past three years — and the policies of two distinct central banks. He noted that the Federal Reserve's key rate was between 3.75% and 4%, compared to 2.5% for the ECB. In his view, comparing France to Germany would actually neutralize these differences. Catherine also rejected the accusation that his estimate of an additional 60 billion in interest would immediately apply the cost of the spread to the entirety of the debt. He clarified that he had written that this amount "would eventually" be reached, without assuming an immediate effect. Regarding the liquidity of the French and German bond markets, he stated that both were among the most liquid. He acknowledged that the Bund constituted better collateral but believed that this was precisely because it was less risky. According to him, a liquidity gap could not explain a spread of 1.6 points and stemmed from the difference in risk between the two countries. He added that the spread did not directly correspond to a probability of default, as it combined default risk with liquidity or "convenience" premium. However, these components would nonetheless reflect the underlying risk gap between the bonds. Finally, he estimated that French bonds could benefit from the same advantages as German ones if they were equally safe and criticized the idea that the spread arose from Germany's greater perceived safety rather than the risk attributed to France. (translated)

Pierre Moscovici resigned from his position at the European Court of Auditors less than a year after his appointment, citing personal reasons and the difficulty of reconciling his family life with his obligations in Luxembourg. #PierreMoscovici #CourDesComptes #PolitiqueFrançaise (translated)

More than 90% of solar panel and heat pump installers are in violation of their legal obligations, according to a control campaign conducted by the Federal Public Service (SPF) Economy between April 2025 and March 2026. #PanneauxSolaires #PompesÀChaleur #Réglementation (translated)

The author of the message indicated that Arcom had announced the opening of an investigation into Mym, a platform specialized in sexual content, suspected in particular of failing to fulfill its obligations regarding the protection of minors. https://t.co/HB7rQ0kNUE #Mym #ProtectionDesMineurs #ContenusSexuels #FR (translated)

The author wrote, from the Renault stand, that expectations were high for the European Union to react to the massive arrival of Chinese vehicles, which he considered a threat to the existence of the French automotive industry. He also mentioned European rules and obligations regarding emissions. https://t.co/f4j0CNQbvZ #Automobile #UnionEuropéenne #Industrie #FR #EU #CN (translated)

Kommuninvest has today issued a new bond loan of 1 billion USD with a maturity date of November 12, 2031, which generates great interest from investors and strengthens the possibilities for efficient financing for Sweden's municipal sector. #Kommuninvest #Bonds #USDTransactions (translated)

Alain Bokobza, global head of Asset Allocation Strategy at Société Générale CIB, discussed the pressure on sovereign bonds in the context of global growth during a Good Morning Business broadcast on BFM Business. #ObligationsSouveraines #CroissanceMondiale #BFMBusiness (translated)

The author of the message, who identified himself as president of Lawyers Without Borders, asked the Minister of National Education, Édouard Geffray, what sanctions he intended to impose on a teacher he described as antisemitic and accused of repeatedly failing to fulfill her duties. #Éducation #Antisémitisme #Justice #FR (translated)

"When a bank of this magnitude fails to meet its obligations regarding anti-money laundering and compliance with sanctions (U.S. economic sanctions, editor's note), the consequences far exceed its own walls, exposing the entire U.S. financial system to significant risks related to illicit financial flows," pointed out Minister Scott Bessent, as quoted in the statement. #BankOfAmerica #BlanchimentDargent #TraficDeDrogue (translated)