ROME (ITALPRESS) – In November, general government debt increased by 23.9 billion from the previous month to 3,005.2 billion, according to Bank of Italy data. The increase reflects that of Treasury liquid assets (20.9 billion, to 63.9) and general government requirements (3.2 billion); in the opposite direction operated the overall effect of issue and redemption haircuts and premiums, revaluation of inflation-indexed securities and changes in exchange rates (a total of 0.2 billion). With reference to the breakdown by subsectors, the consolidated debt of central government increased by 23.9 billion, while that of local government and social security agencies remained unchanged.
The average remaining maturity remained stable at 7.8 years. The share of debt held by the Bank of Italy decreased to 21.8 percent (from 22.1 percent in the previous month). In October (the latest month for which this data is available) that held by non-residents increased to 30.5 percent (from 30.2 percent in the previous month), while that held by other residents (mainly households and non-financial firms) decreased slightly to 14.3 percent (from 14.4 percent in September).
(ITALPRESS).
-Photo: Photogram Agency-
Public debt exceeds 3 trillion in November
