Turkey’s central government gross debt stock rises to EUR 202bn at end-Nov.

By bne IntelliNews December 20, 2013

The central government central government gross debt stock rose by 0.5% m/m and 8.8% y/y to TRY 577.8bn (EUR 201.6bn) at end-November from TRY 574.9bn at end-October and TRY 530.9bn at end-November 2012, data of the Treasury showed on Friday.

TRY 405.4bn of the debt stock is denominated in local currency and TRY 172.4bn is denominated in foreign currencies, the Treasury said.

Domestic debt stock declined from TRY 406.9bn at end-October to TRY 405.4bn at end-November while foreign debt stock rose from TRY 168bn to TRY 172.4bn, data also showed.

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

Read in IntelliNews Pro

Get IntelliNews Pro

Related Articles

Professor says climate change putting Turkey at risk of becoming a “disease-prone desert”

Turkey is at risk of becoming a “disease-prone desert” with water resources and forests disappearing, Hurriyet Daily News reported Professor Mikdat Kadioglu from Istanbul Technical University’s ... more

Turkey’s lira and shares start moving sideways as significance of early elections is debated

The strongly positive initial reaction given by markets to April 18’s surprise announcement of snap elections in ... more

Turkish lira’s chronic weakness credit negative for Turkey’s sovereign rating says Moody’s

The chronic weakness of the Turkish lira (TRY) is credit negative for Turkey’s sovereign debt rating and poses ... more

Dismiss