The State Treasury publishes a quarterly review, which includes information on recent developments in debt management and an outlook for the upcoming quarter, including auction dates.
A quick summary:
– In Q2, the State Treasury is planning to issue a second new euro benchmark bond
– Auction calendar for Q2 has been published
– Almost 70 per cent of the annual long-term funding is expected to be completed by the end of June
– Finland’s debt management strategy has been updated. The average fixing of central government debt will be lengthened moderately in 2024–2028. This will be achieved by not entering into new interest rate swaps; borrowing strategy is not affected.
– Finnish economy is in recession but the future outlook remains unchanged – growth is expected to pick up in the second half of the year. Ministry of Finance will publish its next forecast on 25 April.
For full article, please continue to Quarterly Review Q1/2024 in Publications.