Covid-19: sovereign borrowing response

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By Frank Jackman
30 Jun 2020

The Covid-19 pandemic is forcing many governments to expand their borrowing programmes. The table below details the impact of the outbreak on the funding requirements of major sovereign bond issuers.

BorrowerFunding requirementCovid-19 response impact
AustraliaA$130bn (€79.6bn) (i)Gross issuance of treasury bonds for the 2019-20 financial year increased from A$55bn to A$130bn on May 22, 2020.
Austria€35bn (ii)RAGB issuance increased from €18bn-€21bn to a minimum of €35bn on June 5, 2020.
Belgium€46.5bn (iii)Total programme increased from €31.46bn to €51.87bn on April 20, ...

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