Finland Times

The stock of guarantees was 25 per cent higher than one year previously and four per cent higher than at the end of the previous quarter.

New central government guarantees were granted to the amount of EUR 3.7 billion during the second quarter of the year.

The value of new guarantees granted was close on EUR 1.9 billion higher than one year before and EUR 2.1 billion higher than in the previous quarter as per the data.
Of new guarantees, EUR 3.5 billion were granted to Finland and good EUR 0.2 billion to the rest of the world.

Central government guarantees mainly include guarantees granted by the state,
government-owned enterprises, government-owned limited companies and special credit institutions for which the state is ultimately liable.
At the end of the second quarter of 2015, a total of 37 per cent of the stock of central government guarantees consisted of guarantees to enterprises excluding housing corporations.

Guarantees granted to housing companies account for 24 per cent and those to the rest of the
world for 17 per cent of the guarantee stock, the statistics show.

The remaining 23 per cent of the stock of central government guarantees divides between
households, financial and insurance corporations, and general government.
During the quarter, guarantee fees paid amounted to EUR 31 million and repayments received to EUR 44 million.