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Bank of Italy: debt of 2,755 billion, +19 billion in March

2022-05-16T08:55:53.176Z


With reference to the breakdown by subsectors - informs the Bank of Italy - the debt of the central administrations increased by 18.9 billion; that of local administrations and that of social security institutions remained virtually unchanged. (HANDLE)


The Italian public debt stood at 2,755.4 billion in March, up by 18.9 billion compared to the previous month.

This was announced by the Bank of Italy, underlining that the increase is due to the borrowing requirement (22.8 billion), which more than offset the reduction in the Treasury's liquidity (6.4 billion, to 95.6);

the overall effect of spreads and premiums on issue and redemption, the revaluation of inflation-linked securities and the change in exchange rates increased the debt by € 2.4 billion.

Tax revenues increased by € 33.2 billion, up by 10.2% (€ 3.1 billion) on March 2021. With reference to the breakdown by subsectors - informs the Bank of Italy - the debt of central administrations has increased of 18.9 billion;


    At the end of March the share of the debt held by the Bank of Italy was 25.5 per cent (unchanged compared to the previous month);

the average residual life of the debt remained stable at 7.6 years.


    In March, tax revenues accounted for in the state budget amounted to 33.2 billion, an increase of 10.2 percent (3.1 billion) compared to the same month of 2021. In the first quarter of the year, tax revenues were amounted to 108.9 billion, up 13.5 percent (13.0 billion) compared to the same period last year. 

Source: ansa

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