Published: 24 May 2012
Corrected on 28 November 2012. The corrections are indicated in red.
The stock of central government guarantees stood at EUR 26.7 billion at the end of the first quarter of 2012. At the end of March, the stock of guarantees was 31 per cent higher than one year previously and 11 per cent higher than at the end of the previous quarter. During the first quarter of the year, new central government guarantees were granted to the amount of EUR 3.7 billion. The largest share of the new guarantees was granted to the rest of the world. Central government guarantees include all guarantees granted by the state, state-owned enterprises and special credit institutions for which the state is ultimately liable.
New central government guarantees granted, EUR million
Guarantees to enterprises make up 43 per cent of the stock of central government guarantees. Guarantees granted to housing associations account for 27 per cent and those to the rest of the world for 14 per cent of the guarantee stock. The remaining 16 per cent of the stock of central government guarantees divides between households, financial and insurance corporations, and general government.
Source: Central government guarantees, Statistics Finland
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