Investor Presentaiton

Government debt General government debt + EUR 21.5 bln. + of which EUR 4 bln. is State Treasury resources + of which EUR 16.5 bln. is tradable debt Average annual financing needs lower than EUR 4 bln. + debt roll-over lower than EUR 3 bln. + budget deficit usually up to EUR 1 bln. H 27 22

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