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MNI BRIEF: Tighter BTPs Lowers 17.1Bln In Debt Burden- Gov't

MNI (LONDON) - The recent decline in Italian debt yields, averaging around 30 BP lower than the government expected in its budget plans in the first half of December, will help to lower impact on interest expenditure by EUR 17.1 billion for the 2025-29 period, the Italian Parliamentary Office said Friday.

The savings would be a cumulative EUR1.7 billion in 2025, 2.6 bln  in 2026, 3.6 bln in 2027, 4.5 bln in 2028 and 4.7 bln in 2029. The impact on GDP would 0.1 percentage points every year from 2025-27 and 0.2 for the remaining years.

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MNI (LONDON) - The recent decline in Italian debt yields, averaging around 30 BP lower than the government expected in its budget plans in the first half of December, will help to lower impact on interest expenditure by EUR 17.1 billion for the 2025-29 period, the Italian Parliamentary Office said Friday.

The savings would be a cumulative EUR1.7 billion in 2025, 2.6 bln  in 2026, 3.6 bln in 2027, 4.5 bln in 2028 and 4.7 bln in 2029. The impact on GDP would 0.1 percentage points every year from 2025-27 and 0.2 for the remaining years.

Keep reading...Show less