{"id":127417,"date":"2021-03-31T12:00:44","date_gmt":"2021-03-31T12:00:44","guid":{"rendered":"https:\/\/swissfederalism.ch\/nel-2021-la-svizzera-emettera-prestiti-lordi-per-12-miliardi\/"},"modified":"2021-10-09T14:27:54","modified_gmt":"2021-10-09T14:27:54","slug":"en-2021-la-suisse-emettra-12-milliards-de-credits-bruts","status":"publish","type":"post","link":"https:\/\/swissfederalism.ch\/fr\/en-2021-la-suisse-emettra-12-milliards-de-credits-bruts\/","title":{"rendered":"En 2021, la Suisse \u00e9mettra 12 milliards de cr\u00e9dits bruts"},"content":{"rendered":"<h1>En 2021, la Suisse \u00e9mettra 12 milliards de cr\u00e9dits bruts<\/h1>\n<h3><em>L&rsquo;Administration f\u00e9d\u00e9rale des finances r\u00e9vise les emprunts pr\u00e9vus sur les march\u00e9s mon\u00e9taires et des capitaux : 3 500 millions de francs de plus<\/em><\/h3>\n<p>En 2021, l&rsquo;Administration f\u00e9d\u00e9rale des finances (AFF) pr\u00e9voit d&rsquo;\u00e9mettre des emprunts pour un montant nominal d&rsquo;environ 10 milliards de francs.<br \/>\nLes besoins de financement restants seront couverts par l&rsquo;augmentation du volume de l&rsquo;encours des cr\u00e9ances du registre de la dette du march\u00e9 mon\u00e9taire \u00e0 court terme.<br \/>\nLa FFA a examin\u00e9 l&rsquo;acquisition pr\u00e9vue de ressources sur les march\u00e9s mon\u00e9taires et des capitaux.<\/p>\n<p><a href=\"https:\/\/swissfederalism.ch\/fr\/la-fiscalite-seize-champs-daction-pour-la-suisse-du-futur\/\"><strong>Fiscalit\u00e9, seize champs d&rsquo;action pour l&rsquo;avenir Suisse<\/strong><\/a><br \/>\n<a href=\"https:\/\/swissfederalism.ch\/fr\/un-groupe-dexperts-pour-ameliorer-le-centre-fiscal-de-la-suisse\/\"><strong>Un groupe d&rsquo;experts pour am\u00e9liorer la position de la Suisse en tant que centre fiscal<\/strong><\/a><br \/>\n<a href=\"https:\/\/swissfederalism.ch\/fr\/entre-ce-qui-est-donne-et-ce-qui-est-recu-il-y-a-le-residu-fiscal\/\"><strong>Le r\u00e9sidu fiscal est la diff\u00e9rence entre ce que vous donnez et ce que vous recevez<\/strong><\/a><\/p>\n<p>Les r\u00e9centes d\u00e9cisions prises par le Conseil f\u00e9d\u00e9ral et le Parlement pour att\u00e9nuer les cons\u00e9quences \u00e9conomiques de la pand\u00e9mie de coronavirus vont accro\u00eetre les besoins de financement de la Conf\u00e9d\u00e9ration.<br \/>\nLes d\u00e9penses suppl\u00e9mentaires seront financ\u00e9es par l&rsquo;augmentation du volume d&rsquo;\u00e9mission des emprunts f\u00e9d\u00e9raux et des cr\u00e9dits comptables \u00e0 court terme.<\/p>\n<figure id=\"attachment_91872\" aria-describedby=\"caption-attachment-91872\" style=\"width: 840px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-91874 size-large\" src=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/03\/La-produzione-di-franchi-presso-la-Banca-Nazionale-Svizzera-1024x683.jpeg\" alt=\"La produzione di franchi presso la Banca Nazionale Svizzera\" width=\"840\" height=\"560\" srcset=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/03\/La-produzione-di-franchi-presso-la-Banca-Nazionale-Svizzera-1024x683.jpeg 1024w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/03\/La-produzione-di-franchi-presso-la-Banca-Nazionale-Svizzera-300x200.jpeg 300w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/03\/La-produzione-di-franchi-presso-la-Banca-Nazionale-Svizzera-768x512.jpeg 768w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/03\/La-produzione-di-franchi-presso-la-Banca-Nazionale-Svizzera-1536x1024.jpeg 1536w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/03\/La-produzione-di-franchi-presso-la-Banca-Nazionale-Svizzera.jpeg 1920w\" sizes=\"(max-width: 840px) 100vw, 840px\" \/><figcaption id=\"caption-attachment-91872\" class=\"wp-caption-text\">La production de francs \u00e0 la Banque nationale suisse<\/figcaption><\/figure>\n<h4>3 500 millions d&rsquo;euros de plus qu&rsquo;en d\u00e9cembre 2020<\/h4>\n<p>Par rapport \u00e0 ce qui a \u00e9t\u00e9 annonc\u00e9 le 1er d\u00e9cembre 2020, l&rsquo;AFF pr\u00e9voit d&rsquo;augmenter ses \u00e9missions d&#8217;emprunts de 3,5 milliards de francs pour atteindre 10 milliards de francs en termes nominaux (y compris la vente de tranches de son portefeuille).<br \/>\nLes \u00e9missions brutes, qui comprennent les primes en plus de la valeur nominale, devraient s&rsquo;\u00e9lever \u00e0 environ 12 milliards de francs suisses. Le calendrier des adjudications reste inchang\u00e9.<br \/>\nLes incertitudes entourant le d\u00e9veloppement de la pand\u00e9mie de coronavirus et les changements associ\u00e9s dans les recettes et les d\u00e9penses f\u00e9d\u00e9rales restent \u00e9lev\u00e9es.<\/p>\n<p><a href=\"https:\/\/swissfederalism.ch\/fr\/jusqua-6-milliards-de-francs-suisses-de-la-banque-nationale-pour-la-suisse-et-les-cantons\/\"><strong>Jusqu&rsquo;\u00e0 6 milliards de francs suisses pour la Suisse et les cantons de la Banque nationale<\/strong><\/a><br \/>\n<a href=\"https:\/\/swissfederalism.ch\/fr\/declaration-fiscale-numerique-en-appenzell-rhodes-exterieures\/\"><strong>D\u00e9claration fiscale num\u00e9rique en Appenzell Rhodes-Ext\u00e9rieures<\/strong><\/a><br \/>\n<a href=\"https:\/\/swissfederalism.ch\/fr\/les-pme-suisses-ont-economise-plus-de-2-milliards-sur-les-droits-de-douane\/\"><strong>Les PME suisses ont \u00e9conomis\u00e9 plus de 2 milliards sur les droits de douane<\/strong><\/a><\/p>\n<p>Les besoins de financement restants de la Suisse doivent donc \u00eatre couverts par une augmentation de l&rsquo;encours des d\u00e9biteurs du march\u00e9 mon\u00e9taire \u00e0 court terme, en fonction de l&rsquo;\u00e9volution effective des liquidit\u00e9s.<br \/>\nAfin de lutter contre la pand\u00e9mie, le Parlement a allou\u00e9 des cr\u00e9dits suppl\u00e9mentaires d&rsquo;environ 14 milliards de francs lors de la session de printemps.<br \/>\nAvec les mesures d\u00e9j\u00e0 d\u00e9cid\u00e9es dans le cadre du budget 2021, les d\u00e9penses totales pour la crise COVID-19 en 2021 s&rsquo;\u00e9l\u00e8vent actuellement \u00e0 21 milliards de francs.<\/p>\n<p><iframe title=\"Steuerstandort Schweiz (La Piazza Fiscale Svizzera in lingua tedesca)\" width=\"840\" height=\"630\" src=\"https:\/\/www.youtube.com\/embed\/En5qBzWvYl4?feature=oembed&#038;width=840&#038;height=1000&#038;discover=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p><iframe title=\"La Place Fiscale Suisse (La Piazza Fiscale Svizzera in lingua francese)\" width=\"840\" height=\"630\" src=\"https:\/\/www.youtube.com\/embed\/5ERjG6Ce4dQ?feature=oembed&#038;width=840&#038;height=1000&#038;discover=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<figure id=\"attachment_91868\" aria-describedby=\"caption-attachment-91868\" style=\"width: 840px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-91870 size-large\" src=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/03\/La-produzione-di-franchi-presso-la-Banca-Nazionale-Svizzera.-1024x683.jpeg\" alt=\"La produzione di franchi presso la Banca Nazionale Svizzera.\" width=\"840\" height=\"560\" srcset=\"https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/03\/La-produzione-di-franchi-presso-la-Banca-Nazionale-Svizzera.-1024x683.jpeg 1024w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/03\/La-produzione-di-franchi-presso-la-Banca-Nazionale-Svizzera.-300x200.jpeg 300w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/03\/La-produzione-di-franchi-presso-la-Banca-Nazionale-Svizzera.-768x512.jpeg 768w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/03\/La-produzione-di-franchi-presso-la-Banca-Nazionale-Svizzera.-1536x1024.jpeg 1536w, https:\/\/swissfederalism.ch\/wp-content\/uploads\/2021\/03\/La-produzione-di-franchi-presso-la-Banca-Nazionale-Svizzera..jpeg 1920w\" sizes=\"(max-width: 840px) 100vw, 840px\" \/><figcaption id=\"caption-attachment-91868\" class=\"wp-caption-text\">La production de francs \u00e0 la Banque nationale suisse.<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>L&rsquo;Administration f\u00e9d\u00e9rale des finances r\u00e9vise son projet d&rsquo;acquisition de ressources du march\u00e9 mon\u00e9taire et des capitaux: 3 500 millions d&rsquo;euros de plus<\/p>\n","protected":false},"author":2,"featured_media":91862,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[310,308,209,306,294],"tags":[393,954,402,394,434],"class_list":["post-127417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economie","category-faits-marquants","category-les-magazines","category-politique","category-suisse","tag-avenir","tag-economie","tag-finances","tag-opportunites","tag-politique"],"_links":{"self":[{"href":"https:\/\/swissfederalism.ch\/fr\/wp-json\/wp\/v2\/posts\/127417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swissfederalism.ch\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swissfederalism.ch\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swissfederalism.ch\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/swissfederalism.ch\/fr\/wp-json\/wp\/v2\/comments?post=127417"}],"version-history":[{"count":2,"href":"https:\/\/swissfederalism.ch\/fr\/wp-json\/wp\/v2\/posts\/127417\/revisions"}],"predecessor-version":[{"id":127419,"href":"https:\/\/swissfederalism.ch\/fr\/wp-json\/wp\/v2\/posts\/127417\/revisions\/127419"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swissfederalism.ch\/fr\/wp-json\/wp\/v2\/media\/91862"}],"wp:attachment":[{"href":"https:\/\/swissfederalism.ch\/fr\/wp-json\/wp\/v2\/media?parent=127417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swissfederalism.ch\/fr\/wp-json\/wp\/v2\/categories?post=127417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swissfederalism.ch\/fr\/wp-json\/wp\/v2\/tags?post=127417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}