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Bank of Italy, public debt at an all-time high: 1.995 billion

The increase of 19,5 billion in the month of September brought public administration debt to a new historic record - The Bank of Italy notes it in its statistical bulletin - In the first nine months of the year the debt grew by 88,4, XNUMX billion euros.

Bank of Italy, public debt at an all-time high: 1.995 billion

In September, general government debt did register an increase of 19,5 billion euros compared to the previous month, touching share 1.995,1 billion, which represents a new all-time high. This was revealed by the Bank of Italy in the Supplement to the Statistical Bulletin "Public finance, borrowing requirement and debt". 

According to the analysis, the increase in debt is made up of the borrowing requirement for the month (11,6 billion) and the increase in the Treasury's liquid assets, with Bank of Italy or in liquidity investments (8,6 billion).

Taking into account the first nine months of 2012, the debt grew by 88,4 billion, an increase which reflects the general government borrowing requirement (€61,9 billion against €61 in the same period of the previous year), the increase in Treasury liquidity (€21,7 billion) and the issuance of securities below par (5,2 billion).

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