Turkey’s central government gross debt stock declines to EUR 213bn at end-Oct.

By bne IntelliNews November 21, 2013

The central government gross debt stock declined by 0.2% m/m from TRY 576.2bn at end-September to TRY 574.9bn (EUR 213bn) at end-October, data of the Treasury showed on Wednesday.

The central government debt stock rose 7.1% y/y in the month from TRY 536.9bn a year ago.

TRY 406.9bn of the debt stock is denominated in local currency and TRY 168bn is denominated in foreign currencies, the Treasury said.

The central government debt stock stood at TRY 532.2bn at end-2012 and at TRY 518.4bn at end-2011.

Related Articles

Record decline in Turkish central bank’s gross forex reserves pushes holdings to $89.9bn

The Turkish central bank reported on December 7 that its gross forex reserves last week experienced a record drop, declining to $89.85bn on December 1 from $96.35bn a week earlier. ... more

Ankara and Tehran join wave of anger directed at Trump’s recognition of Jerusalem as Israel’s capital

US President Donald Trump's December 6 announcement that his administration has decided to unilaterally recognise Jerusalem as Israel's capital was described as “against international law” by ... more

Erdogan accuses Turkish opposition leader of lying in claiming his family has transferred millions to Isle of Man

President Recep Tayyip Erdogan has accused Turkey’s main opposition party of peddling lies by saying that his family has transferred millions of dollars into foreign bank accounts to avoid taxes. ... more

Dismiss