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).
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