The Republic's liquid assets exceed its financing needs for 2022, the Public Debt Management Office (PDB) says.
In its February bulletin, the GDR reports that the general government's public debt at the end of December 2021 (before the €1 billion bond issue in January) stood at €24.3 billion, significantly lower than the €24.9 billion at the end of 2020.
The GDR also refers to the raising of €1 billion on 13 January through the issue of a 10-year EMTN bond with an interest rate of 0.95%.
"With the latest issue, the Republic's liquid assets are more than sufficient to cover all estimated financing needs in 2022," the DGM says.
(CNA/GSA/GBA)
(CNA)
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