Poland's state treasury debt rises 0.7% m/m at end of June

By bne IntelliNews August 21, 2013

The state treasury's debt increased by 0.7% in monthly terms to PLN 844.26bn at the end of June 2013 (and was up by 6.3% ytd vs. growth of 2.9% in entire 2012), according to the data of the ministry of finance.

In euro terms, it stood at EUR 195.01bn (-0.2% m/m, +0.4% ytd), while in U.S. dollar terms - at USD 254.49bn (+0.1% m/m, -0.6% ytd).

Domestic debt amounted to PLN 585.62bn (+0.7% m/m, +7.9% ytd), or EUR 135.27bn (-0.3% m/m, +1.9% ytd). Foreign debt stood at PLN 258.63bn (+0.9% m/m, +3.1% ytd), or EUR 59.74bn (0.0% m/m, -2.7% ytd).

In 2013, the refinancing risk of the state treasury debt remains stable - the average term to maturity (ATM) of state treasury debt decreased slightly from 5.49 to 5.48 years (ATM of domestic debt increased from 4.47 years to 4.53 years and ATM of foreign debt decreased from 7.63 to 7.56 years).

Related Articles

Russian drones targeted Rzeszów airport hub, media claim

Russian drones, which breached Polish airspace in the early hours of September 10, might have been targeting the airport in Rzeszów, which is vital for the West’s military supplies to Ukraine, ... more

Non-performing loans hit historic low in CESEE, but early warning signs emerge, says EBRD

Non-performing loans (NPLs) in central, eastern and south-eastern Europe (CESEE) fell to their lowest levels since the global financial crisis in 2024, but early indicators suggest rising risks ... more

Malawi-focused Mkango Resources' unit to merge with US-based Crown PropTech

Lancaster Exploration (Lancaster), a subsidiary of Mkango Resources (Mkango), has announced a merger with Crown PropTech Acquisitions (CPTK), a US-listed special purpose acquisitions company. ... more

Dismiss