Analytics, Financial Services, GDP, Lithuania

According to the Finance Ministry, the central government external debt increased by EUR 86.5 million in a month and by the end of July constituted 77.7% of the total central government debt. Debt to foreign banks and other financial institutions was EUR 9.353 billion and to international organisations – EUR 1.401 billion.

Meanwhile, the central government internal debt grew by EUR 108.9 million in July and at the end of the month constituted 22.3% of the total debt. The central government debt to domestic financial sector was EUR 2.548 billion, to non-financial sector – EUR 71.8 million, to other creditors – EUR 467.4 million.

The total central government long-term debt was EUR 13.707 billion (99.0% of debt), while short-term debt was EUR 0.135 billion (1.0% of debt).

In July 2015, the Ministry of Finance on the domestic market issued bonds at a nominal value worth EUR 72 million and savings certificates worth EUR 21.6 million. It acquired savings certificates worth EUR 8.2 million. Foreign creditors were issued loans for EUR 30 million.

According to the Ministry of Finance, in July the central government debt including financial derivatives amounted to EUR 12.877 billion, which accounted for 34.5% of the projected GDP in 2015.