法国公共债务管理办公室于周二表示，面对新冠疫情期间累积的大量到期债务需要进行再融资，法国政府明年将向投资者出售创纪录数量的债券。在此之际，外界对法国不断飙升的公共赤字和借贷利率的担忧也日益加剧。
The French government will sell a record amount of bonds to investors next year as it faces a surge in Covid-era debt due for redemption and needing to be refinanced, the public debt management office said on Tuesday amid mounting concern about France's surging public deficit and borrowing rates.
位于巴黎贝尔西街区的法国财政部大楼资料图（摄于2026年8月17日。©法新社托马斯·萨姆森）法国周二表示，计划明年在债券市场上借入创纪录的资金，尽管人们对政府开支的担忧已将借贷利率推高至全球金融危机以来的最高水平。负责管理政府债务市场借贷的法国国债管理署（AFT）表示，计划在2027年借款3400亿欧元（折合约3850亿美元），比今年多出约28亿欧元，以协助资助政府开支并偿还到期债务。
The French Finance Ministry building in the Bercy neigbourhood of Paris, on August 17, 2026. © Thomas Samson, AFP France indicated Tuesday it plans to borrow a record amount on the bond market next year, even as worries about the government's spending has seen borrowing rates hit levels unseen since the global financial crisis The AFT agency that manages the government's borrowing on debt markets said it plans to borrow 340 billion euros ($385 billion) in 2027, some 28 billion euros more than this year, to help finance government spending and repay debt coming due.
在政府提交2027年预算案两天前，AFT在公告中表示，计划通过发行中长期混合债券来筹集这些资金。法国政府预测，2027年其10年期国债的利率为4.3%。周二，法国10年期国债在二级市场上的交易利率为4.8%。
AFT, in its announcement two days ahead of the presentation of the government's 2027 budget, said it plans to issue a mixture of medium- and long-term bonds to raise the funds. The French government is forecasting an interest rate of 4.3 percent for its 10-year bonds in 2027. On Tuesday, French 10-year bonds were trading on the secondary market at 4.8 percent.
最近几周，法国政府债务收益率已飙升至全球金融危机以来的最高水平。
In recent weeks the yields on French government debt have hit levels last seen during the global financial crisis.
投资者不仅对法国债务规模感到日益担忧，最新数据显示政府一直无法削减赤字支出，这也加剧了他们的忧虑。
Investors have become increasingly concerned about the size of France's debt, but also the latest data which has shown the government has been unable to reduce deficit spending.
法国的公共赤字（即年度财政收支缺口）去年占国内生产总值（GDP）的5.1%，政府不仅没有按原计划将其降低，反而预测今年的赤字率将达到5.4%。根据欧盟规则，公共赤字占GDP的比例本应不超过百分之三。
France's public deficit – the annual shortfall of revenue to spending – came in at 5.1 percent of GDP last year and instead of reducing that level as originally planned the government now forecasts it will hit 5.4 percent this year. Under EU rules, the public deficit is meant to be no more than three percent of GDP.
其债务利率的上升意味着法国政府必须向投资者支付更高的成本才能借入资金，从而减少了可用于当前支出的资金。
The higher interest rates on its debt means that the French government has to pay investors more to borrow, leaving it with less funds for current spending.
法国总理塞巴斯蒂安·勒科尔尼本月早些时候承诺，明年将通过非紧缩措施削减赤字，但由于总统选举仅剩数月之遥，政府在削减支出方面将面临巨大压力。
France's prime minister Sébastien Lecornu vowed earlier this month to cut the deficit next year without resorting to austerity, but with presidential elections just months away the government will be hard pressed to cut spending.