Borrowing trends for the Federation (budget and special funds, excluding loan financing) in February 2023
|
Total |
1,419,680 |
47,057 |
-42,700 |
1,424,037 |
4,357 |
-2,619 |
|---|---|---|---|---|---|---|
|
broken down by purpose |
|
|
| |||
|
Federal budget |
1,334,201 |
35,346 |
-42,700 |
1,326,848 |
-7,354 |
-2,619 |
|
Financial Market Stabilisation Fund (loans for expenses pursuant to section 9 (1) of the Stabilisation Fund Act) |
22,924 |
- |
- |
22,924 |
- |
- |
|
Investment and Redemption Fund |
16,279 |
- |
- |
16,279 |
- |
- |
|
Economic Stabilisation Fund (loans for recapitalisation measures pursuant to section 22 of the Stabilisation Fund Act) |
2,059 |
-30 |
- |
2,029 |
-30 |
- |
|
Economic Stabilisation Fund (loans to mitigate the impact of the energy crisis pursuant to section 26a of the Stabilisation Fund Act, excluding the granting of loans) |
43,725 |
11,570 |
- |
55,295 |
11,570 |
- |
|
broken down by debt type |
|
|
|
|
|
|
|
Conventional federal securities |
1,298,357 |
46,462 |
-42,109 |
1,302,710 |
4,353 |
-2,635 |
|
30-year federal bonds |
312,027 |
2,497 |
- |
314,525 |
2,497 |
-781 |
|
10-year federal bonds |
617,907 |
18,120 |
-20,472 |
615,554 |
-2,352 |
-1,804 |
|
Federal notes |
164,894 |
5,279 |
- |
170,173 |
5,279 |
-118 |
|
Federal Treasury notes |
95,630 |
4,568 |
- |
100,198 |
4,568 |
-38 |
|
Treasury discount papers issued by the Federation |
107,899 |
15,998 |
-21,637 |
102,260 |
-5,639 |
106 |
|
Inflation-linked federal securities |
72,825 |
550 |
- |
73,375 |
550 |
44 |
|
Green federal securities |
37,991 |
45 |
- |
38,035 |
45 |
-21 |
|
Securitised loans |
- |
- |
- |
- |
- |
- |
|
Other loans and ordinary debts |
5,360 |
- |
- |
5,360 |
- |
-17 |
|
Additional information |
|
|
|
|
|
|
|
Liabilities from the indexing of inflation-linked federal securities |
15,899 |
X |
X |
15,684 |
-214 |
X |
|
Reserves in accordance with the Final Payment Financing Act (Schlusszahlungsfinanzierungsgesetz) |
9,215 |
X |
X |
9,297 |
82 |
X |
|
Liabilities from indexing include the amount by which the original issuance price has increased due to inflation between the start date and the specified reference date. | ||||||
|
In contrast, the total given for reserves to make provision for final payments on inflation-linked federal securities pursuant to the Finance Payment Financing Act includes only the increases that are noted on coupon payment dates (15 April of every year) (section 4 (1) of the Final Payment Financing Act) and on reopening dates for inflation-linked securities (section 4 (2) of the Final Payment Financing Act). | ||||||
|
Any discrepancies in totals are due to rounding. | ||||||
|
Source: Federal Ministry of Finance | ||||||
|
|
Debt level |
Borrowing |
Debt repayment |
Debt level |
Change in debt level |
Interest |
|
31 January 2023 |
February |
February |
28 February 2023 |
February |
February | |