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At the end of the 1st quarter 2019
Gross debt of the Regional Administration of Madeira stood at 4.764 billion Euros
The gross debt of the Regional Administration of Madeira stood at 4.764 billion Euros at the end of the 1st quarter 2019, decreasing by 46 million Euros (-0.9%) from the 4th quarter of 2018, and dropping by 49 million Euros (-1.0%) from the year-ago quarter.
The breakdown of the gross debt by financial instrument shows a decrease in the share of loans from 72.2% in the 1st quarter of 2018 to 68.1% in the reference quarter. This decline was offset by the growth in the percentage of securities which, during the same period, rose from 27.8% to 31.9%.
Net debt stood at 4.497 billion Euros
The net debt of the Regional Administration of Madeira stood at 4.497 billion Euros at the end of the 1st quarter 2019, decreasing by 87 million Euros (-1.9%) from the 4th quarter of 2018 and dropping by 97 million Euros (-2.1%) 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.
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