Published: 2 March 2011
The stock of central government guarantees stood at EUR 19.5 billion at the end of the fourth quarter of 2010. At the end of December, the stock of guarantees was just short of one per cent higher than one year previously and 5 per cent lower than at the end of the previous quarter. During the fourth quarter of the year, new central government guarantees were granted to the amount of EUR 1 billion. The majority of the guarantees were granted to enterprises. Central government guarantees include all guarantees for which the state is ultimately liable.
New central government quarantees by quarter, EUR million
Guarantees to enterprises make up 51 per cent of the stock of central government guarantees. Guarantees granted to housing associations make up 26 per cent and those to households 16 per cent of the guarantee stock. The remaining 7 per cent of the stock of central government guarantees is divided among insurance and financial corporations, the rest of the world and general government.
Source: Central government guarantees, Statistics Finland
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