Bankitalia, public debt rises to 3,070.7 billion in June

In June, public debt increased by EUR 18 billion compared to the previous month, to EUR 3,070.7 billion. The increase reflects the General Government's requirements (€16.4 billion), the growth in the Treasury's liquid assets (€0.8 billion, to €47 billion), as well as the effect of issuance and redemption discounts and premiums, the revaluation of inflation-indexed securities, and changes in exchange rates (€0.8 billion). Bankitalia announced this, pointing out that the debt of central government increased by €19.7 billion, while that of local government decreased by €1.7 billion. The average residual maturity remained stable at 7.9 years. The share of debt held by the Bank of Italy decreased to 19.6% (from 20% in the previous month), while in May (the last month for which this data is available) that held by non-residents had increased to 33.2% (from 33% in the previous month) and that held by other residents (households and non-financial companies) had decreased to 14.1% (from 14.3%).

Bankitalia in its statistical publication 'Public finance: requirements and debt' then informs that in June, tax revenues recorded in the state budget amounted to 43.8 billion, an increase of 4.2% (1.8 billion) compared to the corresponding month of 2024. In the first six months of 2025, tax revenues amounted to 257.3 billion, up 3.4% (8.5 billion) compared to the same period of the previous year, Bankitalia adds.