Date in Portugal
Clock Icon
Portugal Pulse: Portugal News / Expats Community / Turorial / Listing

Public debt falls sequentially in October to 283.145 million

Data released today by the central bank revealed a decrease of 11.174 million euros compared to September, although the figure is 4.9% higher than the same month last year.

The BdP stated that the decline “was due to a reduction in long-term debt securities (-11.5 billion euros), primarily caused by the amortization of a Treasury bond issued in October 2015.”

Deposits, however, increased by approximately 300 million euros, driven by individual investments in savings certificates.

The central bank further reported that public administration assets in deposits totaled 25.195 million euros, marking a decrease of about 13.964 million euros compared to September.

Excluding these deposits, public debt rose by 2.789 million euros, amounting to 257.950 million euros.

Leave a Reply

Here you can search for anything you want

Everything that is hot also happens in our social networks