(ANSA) – ROME, MAY 16 – The Italian public debt stood at 2,755.4 billion in March, up by 18.9 billion compared to the previous month. This was announced by the Bank of Italy, underlining that the increase is due to the borrowing requirement (22.8 billion), which more than offset the reduction in the Treasury’s liquidity (6.4 billion, to 95.6); the overall effect of spreads and premiums on issue and redemption, the revaluation of inflation-linked securities and the change in exchange rates increased the debt by € 2.4 billion. Tax revenues increased by € 33.2 billion, up by 10.2% (€ 3.1 billion) on March 2021.
At the end of March the share of the debt held by the Bank of Italy was 25.5 per cent (unchanged compared to the previous month); the average residual life of the debt remained stable at 7.6 years. In the first quarter of the year, tax revenues totaled 108.9 billion, up 13.5 percent (13.0 billion) compared to the same period last year.
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Source: Ansa
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