Structural Reforms and Economic Outlook of Slovakia
Risk Indicators Comparison
ARDAL
As of 31 March 2021
Slovakia Belgium France
Slovenia Latvia Germany Austria
Euro Area
Average Life of Debt (years)
8.44
10.02
8.37
9.94
4 9.20 7.11
9.73
7.83
Refinancing Risk 1Y (% of total debt)
1.35
15.86
13.70
10.42
8.01
18.40
16.37
15.23
Refinancing Risk 5Y (% of total debt)
32.64
39.46
46.10
34.23
43.57
52.70
52.38
48.60
Refixing Risk 1Y (% of total debt)
1.36
16.31
23.91
10.83
9.55
25.30
16.99
24.01
Refixing Risk 5Y (% of total debt)
32.64
39.91
52.38
34.31
47.41
58.40
53.00
52.96
Foreign Debt to Total Debt (before derivatives) %
3.91
1.48
0.00
3.82
4.02
0.00
4.60
0.66
Foreign Debt to Total Debt (after derivatives) %
0.03
0.00
0.00
0.08
1.20
0.00
0.00
0.04
Prudent risk management
ā Average debt maturity of Slovakia at Euro Area level and comparable with higher rated issuers
ā Sufficient space for short term financing and shock absorption
H
27
Source: ESDM, data as of March 31, 2021View entire presentation