Central government financing requirement in 2013
26-05-2013On Monday, May 27 at 10.30 AM, Budget Outlook 1, May 2013 will be available at fm.dk.
The estimates of the central government net financing and financing requirement in 2013 are presented in table 1 below. The central government financing requirement is expected to be DKK 164bn in 2013.
The financing requirement is met through borrowing or by drawing on the central government account.
The financing strategy is published by Danmarks Nationalbank on the website of the government debt management office, www.governmentdebt.dk
Table 1. Net financing requirement and central-government financing requirement in 2013
|
DKK bn.
|
FL13
|
Maj
|
|
Net financing requirement
|
38
|
36
|
|
Repayment of long term debt etc. 1)
|
79
|
81
|
|
Repayment of short term debt 2)
|
47
|
47
|
|
|
|
|
|
Financing requirement
|
164
|
164
|
|
- domestic financing requirement
|
139
|
139
|
|
- foreign financing requirement
|
25
|
25
|
1) Incl. payments from the central government in currency and interest swaps and net bond purchase of state owned funds.
2) Incl. the outstanding amount of Treasury bills and commercial papers in the beginning of the year.
Source: Budget Outlook 1 , May 2013.