Investor Presentaiton
Debt portfolio cost-risk indicators improving
Weighted average maturity of debt, years
7,7
7,5
4,5
5,9
4,9
3,0
2,7
2012
2014
2016
Total debt
4,3
43
7,3
6,3
Cost of public debt, %
4,2
3,0
2,9
2,7
2,3
2,3
2,2
2,2
2018
Sept. 2019
2012
2014
2016
Marketable debt
Interest rate distribution of debt, %
12
37
37
42
46
2018
Evolution of government liquidity buffer, EUR mn
3500
133
3000
2500
2000
11%
1500
1000
▲ 52
▲ 41
500
7
89%
0
Dec 2012
Dec 2014 Dec 2016
88
58
54
83
63
663
Other
2012
2014
2016
2018
■Floating rate debt
Sept. 2019
ESM-IMF loans
Fixed rate debt
Source: Public Debt Management Office ;
140
120
100
▲ 85
80
do
6220
20
60
40
Dec.2018 Sep. 2019
Next 12 months debt redemptions
▲ Next 12 months debt redemptions cover ratio (rhs)
From year 2018 onwards, debt redemptions refer to 9 month period
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