Portugal’s public debt fell by €6.1 billion in October
General government deposits declined €9.7 billion. Net of those deposits, public debt increased by €3.7 billion, to a total amount of €254.2 billion.
The Maastricht public debt fell by €6.1 billion to €273.8 billion in October, the lowest figure since January of 2022, according to the Bank of Portugal’s latest report.
“This decrease reflected net redemptions of public debt (€-6.6 billion), mainly Treasury bonds. Conversely, liabilities in deposits increased (€0.6 billion), reflecting the issues of saving certificates (€1.4 billion), partially offset by redemptions of Treasury certificates (-0.7 billion),” explains the country’s central bank.
General government deposits declined €9.7 billion. Net of those deposits, public debt increased by €3.7 billion, to a total amount of €254.2 billion.
