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:
– State Treasury is planning to issue a new euro benchmark bond in Q3, likely in 5-year maturity
– Auction calendar for Q3 has been published
– At the end of Q2, approximately 70% of foreseen long-term funding has been completed
– In 2023, Finland’s GDP will remain at the previous year’s level but the economy is expected to pick-up in the latter part of the year. GDP is forecast to grow by 1.4% in 2024 and by 1.9% in 2025.
– Finland’s new government is set to curb public debt and to strengthen general government finances by EUR 6bn during its term.
– Other priorities of the next four years include promoting clean energy transition, reforming basic social security, and increasing R&D funding to meet the overall target of 4% of GDP by 2030.
For full article, please continue to Quarterly Review Q2/2023 in Publications.