Bank of Italy: in October debt rises to 2,446.8 billion

In October the general government debt increased by 7.5 billion compared to the previous month, amounting to 2,446.8 billion. This is what emerges from the Bank of Italy's publication "Public Finance, Need and Debt". The increase, according to the note, is due to the increase in Treasury liquidity (9.8 billion, at 55.5 billion), which more than offset the general government cash surplus (0.7 billion ).

Issues and premiums on issue and redemption, the revaluation of inflation-linked securities and the change in exchange rates have decreased the debt by 1.5 billion overall, explains the Bank of Italy. With reference to the breakdown by subsectors, central government debt increased by € 7.2 billion and local government debt by € 0.5 billion; the liability of pension institutions decreased by 0.2 billion.