The balance of the state’s direct debt increased by about 3% in February to €286.627 million compared to January, the IGCP – Treasury and Public Debt Management Agency, announced on Monday.
In its monthly bulletin released this Monday, the institution indicates that the 2.91% increase in the balance of the direct debt of the State is mainly due to the increase in the balance of treasury bills by 4,849 million euros.
At the end of February, the direct debt balance of the State thus amounted to 286,627 million euros.
According to IGCP, the balance of Savings Certificates (CA) increased by EUR 2,559 million, while the balance of Treasury Certificates (CT) decreased by EUR 570 million.
The agency also explains that, “taking into account the favorable exchange rate effect of derivative hedging, corresponding to the notional value of capital hedging swaps, which amounted to EUR 616 million in February”, the total debt value after currency hedging was €286,011. million, up 2.9% from the previous month.
Source: DN
