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Germany Adds €22.5 Billion to Debt Sales to Fund Energy Aid

  • Federal government lifts 4Q issuance to more than €100 billion
  • Ruling coalition has assembled three packages of aid measures
Updated on

Germany’s federal government will increase debt sales by €22.5 billion ($21.5 billion) in the fourth quarter to help fund spending to soften the impact of the energy crisis.

Issuance of bonds and bills will total €106.5 billion in the October to December period, up from €84 billion in a preliminary plan announced at the end of last year, the Federal Finance Agency said on Wednesday. For the full year, sales will be around €445 billion, including syndicated issuance.