Central government net financing and financing requirement in 2012
24-05-2012On Friday, May 25, Budget Outlook 1, May 2012 will be available at www.fm.dk.
The estimates of the central government net financing and financing requirement in 2012 are presented in table 1 below. The central government financing requirement is expected to be DKK 184bn in 2012.
The financing requirement is met through borrowing or by drawing on the central government account.
The financing strategy is announced by Danmarks Nationalbank on the website of the government debt management office
Table 1. Net financing requirement and central-government financing requirement in 2012
|
DKK bn.
|
FL12
|
May 12
|
|
Net financing requirement
|
80
|
49
|
|
Repayment of long term debt etc. 1)
|
87
|
89
|
|
Repayment of short term debt 2)
|
49
|
46
|
|
|
|
|
|
Financing requirement
|
215
|
184
|
|
- domestic financing requirement
|
179
|
150
|
|
- foreign financing requirement
|
36
|
34
|
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 2012.