Italian public debt rises to 3,207 billion euros in June

The expansion in Italian general government debt in June 2026 was largely driven by an increase in debt securities, which grew to 2,696.5 billion euros from 2,656.4 billion euros in May.

Medium and long-term securities formed the bulk of total obligations at 2,552.0 billion euros, while short-term debt securities accounted for 144.5 billion euros.

Currency and deposits held by the general government decreased to 186.5 billion euros, down from 205.4 billion euros in the preceding month.

Loans and other liabilities rose slightly to 324.2 billion euros.

Central government consolidated debt represented the vast majority of the overall burden at 3,127.8 billion euros, whereas local government consolidated debt decreased slightly to 79.3 billion euros during the month.

The Treasury's liquid balances increased to 61.7 billion euros at the end of June 2026, compared with 51.9 billion euros in May.

Over the same period, the cumulative general government borrowing requirement reached 13.3 billion euros, while the central government borrowing requirement totaled 14.0 billion euros.

The average residual maturity of general government debt remained stable at 7.9 years.

Holding sector data indicates that central bank debt holdings through the Bank of Italy stood at 537.0 billion euros, continuing a gradual downward trend from earlier in the year.