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Published: 24 August 2009

Stock of central government guarantees EUR 17.4 billion at the end of June 2009

The stock of central government guarantees stood at EUR 17.4 billion at the end of June 2009. In the second quarter of 2009 new central government guarantees were granted to the amount of EUR 2.8 billion, which is clearly more than ever before in the 2000s. The stock of guarantees grew by 13 per cent from the end of the previous quarter and by nearly one-third when compared with the corresponding quarter of the year before. Central government guarantees include all guarantees for which the state is ultimately liable.

At the end of June, 52 per cent of the stock of central government guarantees consisted of guarantees to enterprises. Guarantees granted to housing associations made up 24 per cent and those to households 18 per cent of the guarantee stock. The remaining 6 per cent of the stock of central government guarantees was divided among insurance and financial corporations, public sector entities and foreign countries.

New central government quarantees by quarte, EUR million

New central government quarantees by quarte, EUR million

Source: Central government guarantees, Statistics Finland

Inquiries: Sinikka Kuusisto (09) 1734 3354, Saara Roine (09) 1734 3325

Director in charge: Ari Tyrkkö

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Updated 24.08.2009

Referencing instructions:

Official Statistics of Finland (OSF): Central government guarantees [e-publication].
ISSN=2341-5819. 2nd quarter 2009. Helsinki: Statistics Finland [referred: 28.12.2024].
Access method: http://www.stat.fi/til/vtak/2009/02/vtak_2009_02_2009-08-24_tie_001_en.html