Image

Hall de la Banque de France Illustration accueil

Welcome to the Banque de France website

An institution that helps citizens deal with the economic and societal challenges facing France and Europe

Discover the Banque de France

Monetary strategy

Services to the economy and society

Financial stability

Press Enter to search. Example: financial stability

News

Image

engrenages représentant l'or la bourse l'épargne la justice les taux

The pass-through of monetary policy to the short-term debt market

News Monetary policy

Post No. 442. The short-term debt market plays a key role in financing banks and businesses. We show that, over the period between January 2005 and November 2024, there was complete pass-through of monetary policy after one month for all categories of issuers. For companies, pass-through was relatively faster than for intermediated credit.

25th of March 2026

Image

piles de pièces avec une main flêches vers le haut % symbole d'une maison

News Credit

Does facilitating housing loans help support first-time home purchases? 23rd of March 2026

Image

Visuel - Fond d'investissement

News Secteur financier

Increasing funds’ adoption of liquidity management tools 13th of March 2026

Image

shutterstock_2688114497

News Economy

Disorderly climate transition: the risks for financial markets? 29th of January 2026

The Banque de France is at your service

Help and support for company directors

At your service | Businesses

Design and manufacture of banknote paper and banknotes

At your service | Banque de France

Central bank

Statistics

View all

The pass-through of monetary policy to the short-term debt market

Eco Notepad 25th of March 2026

Monetary policy

ABC de l’économie

Read more

Discover the International Banking and Finance Institute

At your service | Banque de France

Central bank

Banque de France Annual Report 2023

Report 24th of July 2024

Banque de France

3-minute guide to monetary strategy

Monetary strategy

Monetary strategy

What is the Banque de France doing to combat global warming?

Climate change

Focus

Banknotes

The Banque de France is a key player in the cash industry and works with its customers to modernise the sector

Climate

The Bank supports and adds to collective initiatives to combat global warming

Research, economists and researchers

Economic research plays an essential role in determining the direction of the Banque de France’s economic policies

Speeches by the Governor

François Villeroy de Galhau – Interventions

Find all news from the Governor of the Banque de France

Upcoming events

Image

Séminaire

26th of March 2026

Add to calendar

ESCB Research Cluster on Monetary Economics - Ninth Annual Workshop

Seminar Banque de France

Image

Séminaires

30th of March 2026

Add to calendar

Balance of payments and other external statistics

Seminar IBFI

Image

Séminaires

31st of March 2026

Add to calendar

Identifying Relationship-level Effects Using Covariance Restrictions

Seminar Banque de France

View all events

Find a contact

Throughout France, our advisors are at your service. Contact them by telephone, e-mail, post or via the national hotline

Banque de France is hiring

Femme avec une tablette

Job offers

Collègues en réunion

Competitive entrance exam

Banque de France : façade du Siège

Why choose the Banque de France?