Financial Debt Expenditures

Interest payments and redemptions on federal government debt including currency swaps in Mil. EUR

REDEMPTIONS (in Mil. EUR) 2017 2016 2015 2014 2013 2012 2011 2010
     Expenses 37,349 28,000 27,943 35,845 31,274 27,024 21,491 26,731
     Revenues 10,948 8,520 7,689 10,088 8,495 7,723 6,911 9,305
Net expenses for redemptions 26,401 19,480 20,254 25,757 22,779 19,301 14,580 17,426
 
INTEREST
(in Mil. EUR)
     Expenses 7,580 8,954 8,349 9,301 9,537 9,865 9,691 9,786
     Revenues 1,132 1,419 1,617 1,993 2,234 2,332 2,489 2,848
Net expenses nominal interest 6,448 7,535 6,732 7,308 7,303 7,533 7,202 6,938
Net expenses effective interest 5,415 5,929 6,131 6,662 7,085      
 
INTEREST
(in % p.a.)
Nominal interest rate 2.84 3.07 3.31 3.44 3.71 3.87 4.04 4.10
Effective interest rate 2.47 2.69 2.97 3.16 3.43 3.64 3.87 3.99

Long-term Government Bond Yields

The Maastricht Treaty EMU convergence criterion for long-term interest rates is measured on the basis of central government bond yields on the secondary market, gross of tax, with a residual maturity of around ten years.
Source: OeNB
Link to OeNB