The Ministry of Economy and Finance announces that is now available online the 2023 Public Debt Auction calendar containing dates of auctions, announcements and settlements for all government securities for the coming year.
Together with the calendar, also the 2023 Public Debt Guidelines are published where the public debt management strategy is presented for the coming year.
As the year that is about to end, in 2022 Italy issued debt securities for just over 424 billion euros, including about 285 billion euros of medium-long term bonds and just over 139 billion euros of BOTs (T-bills).
The average cost at issuance, at the end of the 2022, consistently with global rising interest rates scenario, was 1.71%, that compares with 0.10% of 2021.
The average life at the end of 2022 remains stable above 7 years (7.04 years compared to 7.11 years of 2021). This data improves further if also SURE and NGEU European loans are considered. In the latter case the average life moved from 7.29 of 2021 to 7.31 years of 2022.
The above-mentioned documents are available on the section of the Department of the Treasury devoted to Public Debt at the address www.dt.mef.gov.it/en/debito_pubblico.