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).

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Protests against judiciary reform continue to rock Poland

Polish protests against the government's judiciary reforms continued for a sixth day on July 23, as crowds sought to add to pressure on President Andrzej Duda to veto the controversial bills that ... more

Czech judiciary denounces Poland's move to end separation of powers

Senior Czech judges on July 21 denounced Poland's judicial overhaul as an attack on the rule of law. With big street protests in the Czech Republic's neighbour seemingly gathering momentum – 120 ... more

Strongly profitable Czech petrochemical maker Unipetrol puts cracker explosion behind it

Unipetrol looks to have finally got over the August 2015 fire and explosion that wrecked its steam cracker, an indispensable installation in the production of ethylene feedstock needed to manufacture ... more

Most Read

  1. Erdogan lashes out at Germany, Nato, says "God willing" he'll have Russian missiles soon
    21 hours ago
  2. STOLYPIN: Donbas continues to be as unpredictable as it is unloved
    1 day ago
  3. EU allows Gazprom to use an additional 40% of OPAL gas pipeline's capacity
    2 days ago
  4. Tajik president’s 23-year old daughter appointed deputy head of largest Tajik bank
    6 days ago
  5. Bosnia’s ruling coalition collapses
    4 days ago
  1. Erdogan lashes out at Germany, Nato, says "God willing" he'll have Russian missiles soon
    21 hours ago
  2. CHINA RISING: When sleeping giants meet
    15 days ago
  3. Belarus’ retail king Euroopt goes on the road
    20 days ago
  4. STOLYPIN: Donbas continues to be as unpredictable as it is unloved
    1 day ago
  5. STOLYPIN: Russia’s cyber-challenge cuts both ways
    23 days ago

Selected articles from our premium news/views wire IntelliNews Pro

Login to IntelliNews Pro
Get IntelliNews Pro

Reports

Dismiss