On March 31, 2024, the state's direct debt balance amounted to €287,205 million, an increase of 0.4% compared to the previous month.
The state's direct debt stock rose by 0.4% at the end of March to 287,205 million euros, as a result of an increase in the value of treasury bills, the Treasury and Public Debt Management Agency announced.
“As of March 31, 2024, the state’s direct debt stock amounted to €287,205 million, an increase of 0.4% compared to the previous month,” a note from the IGCP said.
An increase in the balance of treasury bills (BT) by EUR 1,037 million contributed to this variance, as issuances (EUR 1,872 million) exceeded amortizations (EUR 834 million).
The increase in the balance of Treasury Bills (OT) also contributed to this development by EUR 1,001 million, as a result of issuances carried out during the month.
In contrast, the outstanding balance of other instruments increased by 750 million euros “with the disbursement of a credit line of the same amount.”
The IGCP also noted a decrease in the balance of treasury certificates by €104 million and in savings certificates by €21 million.
During this period, the stock of short-term private debt certificates (CEDIC) decreased by EUR 1,584 million. Margin account counterparties decreased by four million euros.
“Incorporate the effect of a favorable exchange rate into the hedging of financial derivatives, consistent with the notional value of Trade-offs He explained that by covering the capital, which amounted to 62 million euros in March, the total value of debt after covering the exchange rate amounted to 287.143 million euros, an increase of 0.4%.
