Published: 2 March 2012
The stock of central government guarantees stood at EUR 24.2 billion at the end of 2011. At the end of the year, the stock of guarantees was 16 per cent higher than one year previously and 5 per cent higher than at the end of the previous quarter. During the last quarter of the year, new central government guarantees were granted to the amount of EUR 1.7 billion. The majority of the guarantees were granted to enterprises. 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 49 per cent of the stock of central government guarantees. Guarantees granted to housing associations account for 29 per cent and those to households for 13 per cent of the guarantee stock. The remaining nine 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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