Covid-19: sovereign borrowing response
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.
|Borrower||Funding requirement||Covid-19 response impact|
|Australia||A$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, ...|