01.09.2009

The monthly Government Debt bulletin for July has been published in Government Debt and Financial Markets/Statistics section on the website of the Ministry of Finance.

Under the official register of government debt kept by the Ministry of Finance, as of the end of July the latter amounted to EUR 4 757 million of which EUR 1 424,6 million domestic government debt and EUR 3 332,4 million external government debt. The debt has decreased by around EUR 18.7 million in nominal terms compared to the previous month.

The government guaranteed debt in July reached EUR 616,9 million. The government guaranteed debt has increased by around EUR 2,1 million in nominal terms compared to the end of the previous month. The increase is mainly due to the received new financing.

At the end of the reported period the government debt/ GDP* ratio is 14%, keeping its level from the previous month. This indicator comprises external government debt - 9.8%, and domestic government debt - 4.2% of GDP. The government guaranteed debt/GDP ratio is 1.8%.

In the government debt structure at the end of the period domestic debt amounted to 29,9 %, and external debt - 71,1%.

The debt payments made in July amount to BGN 174,8 million of which: BGN 69 million external and BGN 105,8 million domestic debt. As regards the currency composition of payments the greatest is the BGN share - 57,2%, followed by those in Euro - 27,5%, in US$  - 13,9% and in other currency - 1,3%.

 * Updated forecast GDP data for 2009