At the end of the 4th quarter 2018

Gross debt of the Regional Administration of Madeira stood at 4.809 billion Euros

The gross debt of the Regional Administration of Madeira stood at 4.809 billion Euros at the end of the 4th quarter 2018, decreasing by 70 million Euros (-1.4%) from the 3rd quarter of 2018, and decreasing by 57 million Euros (-1.2%) from the year-ago quarter.

The breakdown of the gross debt by financial instrument shows a decrease in the share of loans from 72.5% in the 4th quarter of 2017 to 68.4% in the reference quarter. This decline was offset by the growth in the percentage of securities which, during the same period, rose from 27.5% to 31.6%.

DivPublic Q42018EN

Net debt stood at 4.584 billion Euros

The net debt of the Regional Administration of Madeira stood at 4.584 billion Euros at the end of the 4th quarter 2018. Compared to the previous quarter, the net debt increased by 45 million Euros and decreasing by 83 million Euros over the year-ago quarter.

Notes:

Debt compiled according to the definition of the Excessive Deficit Procedure (Regulation (CE) 479/2009, of 25 May), i.e., general government consolidated gross debt at nominal or face value (Maastricht debt).

Net debt of deposits corresponds to Gross Debt (Maastricht debt) minus the deposits in resident banks.