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
Financial Debt Expenditures
Interest payments and redemptions on federal government debt including currency swaps in Mil. EUR
| REDEMPTIONS (in Mil. EUR) | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
| Expenses | 80,707 | 73,843 | 60,566 | 41,709 | 38,566 | 30,475 | 37,349 | 28,000 | 27,943 | 35,845 | 31,274 | 27,024 | 21,491 | 26,731 |
| Revenues | 25,652 | 25,032 | 21,565 | 13,093 | 9,381 | 7,678 | 10,948 | 8,520 | 7,689 | 10,088 | 8,495 | 7,723 | 6,911 | 9,305 |
| Net expenses for redemptions | 55,054 | 48,811 | 39,001 | 28,616 | 29,185 | 22,797 | 26,401 | 19,480 | 20,254 | 25,757 | 22,779 | 19,301 | 14,580 | 17,426 |
| INTEREST (in Mil. EUR) |
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| Net expenses effective interest | 4,113 | 3,226 | 3,480 | 3,995 | 4,406 | 4,803 | 5,415 | 5,929 | 6,131 | 6,662 | 7,085 | 7,130 | 7,117 | 6,932 |
| INTEREST (in % p.a.) |
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| Effective interest rate | 1.79 | 1.20 | 1.17 | 1.47 | 1.99 | 2.23 | 2.47 | 2.69 | 2.97 | 3.16 | 3.43 | 3.64 | 3.87 | 3.99 |