STATISTICAL PRESS RELEASE General government financing 9|2016 November 2015 January 21st, 2016 Banco de Portugal publishes today in the Statistical The general government financing was the result of Bulletin in table A.15 and in BPstat, the statistics of net credit granted by resident banks (8.4 billion general government financing of November 2015. euro) and other resident sectors (1.2 billion euro), offsetting a reduction of net credit of non-resident The general government financing between January entities (4.2 billion euro) (Chart 2). This value was the and November of 2015 stood at 5.4 billion euro, result of the joint effect of the repayment of loans which compares with 12.4 billion euro in the same net of deposits of 7.4 billion euro, and of the net acperiod of 2014 (Chart 1). quisition of securities by non-residents of 3.2 billion The central government subsector was the main euro. contributor of the general government financing, The general government financing involved mainly with 6.2 billion euro, which compensates the financsecurities (11.5 billion euro), as a result of new secuing capacity observed in the local government (0.5 rities issuances, which compensated a reduction in billion euro) and social security funds subsectors loans net of deposits (6.1 billion euro). (0.5 billion euro). Chart 1 • General government financing Chart 2 • General government financing by counterpart - cumulative flows since the beginning of the year 25 16 14 20 2014 15 10 10 0 Banks Other resident sectors Rest of the world Total Nov-15 Nov-14 2014 2013 2012 December October November September July August June May -15 April -2 March -10 January 0 2011 -5 2010 2 2009 4 5 2008 2015 2007 6 2006 In billion euro 8 2005 2013 February In billion euro 12 2 BANCO DE PORTUGAL • General government financing Detailed statistical data available at: Table A.15 of Statistical Bulletin Statistical domain of financial accounts of BPstat|Statistics online Supplement to the Statistical Bulletin on General Government Statistics Next update: February 22nd, 2016 Banco de Portugal | info@bportugal.pt