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   Debt of general government
 (situation at end of period, millions of euros)
 
     Gross debt    Financial assets    Net debt    Consolidated gross debt (Maastricht definition)1    Total as p.c. of GDP
Total    In foreign currencies    In national currency2    of which financial instruments not included in the Consolidated gross debt (Maastricht definition)3 Total    Placed with general government4    Other5 Total1    by sub-sector:
Total2    At over one year6    At up to one year6 Federal government7    Communities and regions7    Local government7    Social security funds7    Intersectoral consolidation8
2012-IV     440,369 0 440,369 375,427 64,942 17,690 131,883 47,290 84,593 308,486 375,389 341,890 25,593 19,564 2,236 -13,893  
2012-III     439,353 1,184 438,168 373,214 64,954 13,278 132,187 44,971 87,216 307,166 381,104 344,032 24,972 19,433 4,974 -12,307  
2012-II     441,986 1,192 440,794 374,571 66,223 11,406 136,678 47,531 89,147 305,308 383,048 346,443 25,597 19,261 4,464 -12,717  
2012-I     435,532 1,190 434,342 362,412 71,929 10,636 129,478 46,152 83,325 306,054 378,743 343,302 25,252 18,529 3,992 -12,333  
2011-IV     431,525 0 431,525 354,129 77,396 17,075 131,309 52,778 78,530 300,216 361,672 331,592 24,180 18,218 2,165 -14,482  
2011-III     415,988 1,177 414,811 341,422 73,389 14,787 115,560 40,048 75,512 300,428 361,154 328,992 23,514 18,051 2,536 -11,940  
2011-II     409,696 1,220 408,476 344,628 63,847 11,784 119,966 42,133 77,834 289,730 355,780 322,368 24,667 17,887 2,638 -11,780  
2011-I     408,914 1,100 407,814 335,542 72,271 10,962 117,467 40,645 76,822 291,447 357,307 323,895 24,379 17,361 3,215 -11,543  
2010-IV     404,416 118 404,298 331,355 72,943 15,718 120,687 48,441 72,246 283,729 340,257 310,810 22,973 17,627 1,579 -12,730  
1 The consolidated gross debt is the debt as defined in European Regulation EC 479/2009 concerning the implementation of the Protocol on the excessive deficit procedure annexed to the Treaty on European Union (Treaty of Maastricht) of 7th February 1992.
2 In Belgian francs until the end of 1998, in euro from 1999.
3 Mainly the accrued interests on the public debt, accruals and deferrals in respect of the payment of compensation and pensions to certain public sector staff, the time-lags relating to the annual holiday payments made by the National Office for the Annual Holiday (ONVA) to households and the invoices payable by the INAMI to hospitals.
4 Currency and deposits, securities other than shares (excluding financial derivatives) and loans.
5 This heading covers, in particular, government shareholdings in corporations. However, only a partial census has so far been conducted on these shareholdings.
6 Original maturity.
7 The consolidated gross debt of a sub-sector is obtained by subtracting debts which counterpart are financial assets of other units ot this sub-sector (intersectoral consolidation).
8 Corresponds to the financial assets of the different sub-sectors which counterpart are debts of another sub-sector of general government.
 
Sources : NBB


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