ROME (ITALPRESS) – In March the public administration debt increased by 6.9 billion compared to the previous month, amounting to 2,650.9 billion. The increase is due to the borrowing requirement (25.3 billion), which more than offset the reduction in the Treasury’s liquidity (18.3 billion, to 84.6); the overall effect of spreads and premiums on issue and redemption, the revaluation of inflation-linked securities and the change in exchange rates reduced the debt by € 0.1 billion. This was announced by the Bank of Italy. The debt of the central administrations increased by 7.7 billion while that of the local administrations decreased by 0.8 billion; the debt of the social security institutions remained unchanged. At the end of March the share of the debt held by the Bank of Italy was 22.2 per cent (0.4 percentage points more than the previous month); the average residual life of the debt increased slightly to 7.4 years. In March, two further tranches (for a total of € 5.7 billion) of the loans provided under the European instrument for temporary support to mitigate unemployment risks in an emergency (Support to mitigate Unemployment Risks in an Emergency, SURE); at the end of the month the loans disbursed by European institutions to our country amounted to a total of 26.7 billion. (ITALPRESS). sat / com 14-May-21 12:50
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