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Mon, 23 Dec, 2013 12:27:14 AM FTimes Report, December 23  File Photo. Photo - Lehtikuva. General government EDP debt or consolidated debt at nominal prices has decreased by EUR 4.7 billion in the third quarter of 2013 and stood at EUR 105.5 billion at the end of the quarter.
The Statistics Finland data showed the general government debt has increased by a total of EUR 6.4 billion compared to that in the corresponding period of the year before.
During the third quarter, central government debt went down by EUR 4.5 billion and stood at EUR 95.2 billion at the end of the quarter.
During the quarter, the stock of central government's bonds decreased by EUR 1.7 billion, the stock of money market instruments by EUR 2.3 billion, and the stock of short-term loans by EUR 0.4 billion.
The debt of local government, that is, municipalities and joint municipal boards, remained on level with the previous quarter, being EUR 14.9 billion. Internal general government debt grew by altogether EUR 0.3 billion.
General government debt by quarter. Source: Statistics Finland. General government debt by quarter describes general government’s debt to other sectors of the national economy and to the rest of the world, and its development is influenced by changes in both unconsolidated debt and internal general government debts.
Consolidated general government debt is derived by deducting debts between units recorded under general government from unconsolidated gross debt.
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