HELSINKI: General government EDP debt grew by euro two billion in the first quarter of 2015 and stood at euro 123.8 billion at the end of the period.
Compared with the respective quarter of the year before, general government debt has increased by a total of euro 7.4 billion, according to the data derived from Statistics Finland’s statistics on general government debt by quarter. During the first quarter of 2015, central government debt grew by euro 2.4 billion, and stood at euro 109.7 billion at the end of the quarter.
During the quarter, the stock of bonds issued by central government grew by euro 3.6 billion, and the stock of short-term loans by euro 3.3 billion, the data show. Simultaneously, the stock of short-term debt securities was diminished by euro 4.2 billion. In addition, the stock of cash deposits and long-term loans decreased in total by euro 0.4 billion. Local government debt, that is, the debt of municipalities and joint municipal boards, decreased by euro 0.3 billion, and totalled euro 17.3 billion at the end of the quarter.
