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Mon, 30 Nov, 2015 12:03:35 AM FTimes Report, Nov 30  Central government guarantees by quarter, EUR million. Source: Central government guarantees, Statistics Finland. The stock of central government guarantees stood at EUR 41.8 billion at the end of the third quarter of 2015.
The stock of guarantees was 17 per cent higher than one year before and one per cent higher than at the end of the previous quarter, according to Statistics Finland's data.
During the third quarter of the year, new central government guarantees were granted to the amount of EUR 1.7 billion.
The value of new guarantees granted was EUR 200 million lower than one year before and EUR 2.0 billion lower than in the previous quarter, the statistics show.
The majority of the stock of new guarantees was directed to the home country.
Central government guarantees include mainly 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 third quarter of 2015, a total of 38 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 16 per cent of the guarantee stock.
The remaining 22 per cent of the stock of central government guarantees divides between households, financial and insurance corporations, and general government.
During the third quarter, guarantee fees paid amounted to EUR 19 million and repayments received to EUR 40 million.
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