Bank of Italy: debt rises to a new record, breaking through the 3,200 billion mark in June
The publication “Public Finance: Borrowing Requirements and Debt”: the proportion of public debt held by foreign investors rises to 35.9 per cent
by the Rome Editorial Staff
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Key points
Last June, general government debt rose by 26.2 billion compared with the previous month, reaching 3,207.2 billion. This was announced by the Bank of Italy in its publication ‘Public Finance: Borrowing Requirements and Debt’. The increase reflects the general government borrowing requirement (13.3 billion), the rise in the Treasury’s cash holdings (9.8 billion, to 61.7), as well as the effect of discounts and premiums on issuance and redemption, the revaluation of inflation-indexed securities and changes in exchange rates (3.1 billion).
The proportion of public debt held by foreign investors rises to 35.9%
The figures show that the proportion of Italian public debt held by foreign investors is rising. In June, the proportion of debt held by the Bank of Italia continued to fall, standing at 16.7 per cent (down from 17.2 per cent the previous month), whilst in May (the last month for which this figure is available) the proportion held by non-residents had risen to 35.9 per cent (from 35.7 per cent the previous month) and the share held by other residents (mainly households and non-financial businesses) fell to 14.5 per cent (from 14.7 per cent the previous month).
Tax revenue: up 1.4% in the first half of 2026 to 261 billion
According to the Bank of Italy, in June 2026, tax revenue recorded in the State budget amounted to 43.2 billion, down by 1.3 per cent (0.6 billion) compared with the same month in 2025. Bankitalia specifies that in the first six months of 2026, tax revenue totalled 261 billion, an increase of 1.4 per cent (3.6 billion) compared with the same period of the previous year.
