Funding strategy

Ensuring the Group’s funding is a key objective of the Dexia Group resolution plan,

validated by the European Commission in December 2012

The Dexia Group's funding strategy is principally based on the issuing of State guaranteed debt in the short and long term. The latter transactions are carried out in euros, US dollars and pounds sterling and take the form of public transactions (“benchmarking”).

Dexia (formerly Dexia Crédit Local) is also active in the “repo” market segment.

Investor presentation
State guaranteed funding
Dexia (formerly Dexia Crédit Local) is funded on the markets via a guarantee granted by the Belgian and French States  
Subordinated debt
Dexia holds two Hybrid Tier 1 debt instruments issued by Dexia Crédit Local and Dexia Funding Luxembourg