“This variation reflects net securities issues (€1.4 billion), an increase in cash and deposits liabilities (€0.5 billion) and a reduction in loans (€0.3 billion)”, the country’s central bank said.


The increase in public debt was accompanied by a “smaller” increase in assets on deposit (€1.1 billion), meaning that the net public debt went up by €0.6 billion compared with the month before.


The public debt in March last year was €227.9 billion.