Federal Government Debt at the end of December 2025

As of the end of December 2025, the federal government debt amounted to EUR 553.121 billion. The federal government debt thus increased by EUR 1.94 billion since November.

In net terms (after deducting placements and securities held in portfolio), the federal government debt decreased by EUR 1.07 billion to EUR 537.681 billion.

The net balance to be financed amounted to EUR -1.22 billion (to the benefice of the Treasury).

For more details on the issuance and repayment of short-term and long-term debt in December 2025, please refer to the website of the Belgian Debt Agency (www.debtagency.be/en).

The average maturity of the federal government debt decreased by 0.02 year to 9.98 years, while the average interest rate of the debt instruments remained at 2.01%. The 12-month and 60-month refinancing risks amounted to 15.64% and 38.61% respectively.