Federal Government Debt at the end of 2023

Press release from the Belgian Debt Agency:

As of the end of 2023, the federal government debt amounted to EUR 505.298 billion. Federal government debt thus decreased by EUR 1.54 billion in December. On an annual basis it increased by EUR 34.69 billion.

In net terms (after deducting placements and securities held in portfolio), the federal government debt increased by EUR 930 million in December to EUR 487.377 billion. The annual increase of the debt in net terms amounts EUR 27.05 billion.

The net balance to be financed amounted to EUR 787 million in December.

For more details on the issuance and repayment of short-term and long-term debt in December 2023, please refer to the website www.debtagency.be.

The average maturity of the federal government debt decreased by 0.09 year to 10.44 years, while the average interest rate of the debt instruments decreased by 0.02% to 1.87%. The 12-month and 60-month refinancing risks amounted to 13.91% and 40.64% respectively.