Turkey’s short-term external debt stock decreased to USD 125.3bn at end-September from USD 127bn at end-August, data of the Central Bank showed on Tuesday.
Turkey’s short-term external debt stock stood at USD 100.6bn at end-2012 and at USD 125.1bn at end-Q2.
Banks’ short-term external debt stock increased by 29.2% since the end of 2012 to USD 88.1bn and other sectors’ short-term external debt stock rose 15.7% to USD 36.3bn. Short-term FX loans of the banks received from abroad were up 38%, reaching USD 40.3bn, the Central Bank said.
Short-term debt of public sector, wholly composed of public banks, increased by 50.4% to USD 16.6bn, while short-term debt of private sector reached to USD 107.8bn indicating a 21.7% increase since the end of 2012.
Short-term external debt stock on a remaining maturity basis, calculated based on the external debt maturing within 1 year or less regardless of the original maturity, stood at USD 163.7bn, down from USD 165.2bn at end-August and USD 164.5bn at the end of July, the Central Bank said.
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