Finland eyes more short-term borrowing in response to Covid-19

Finland Fotolia 230x150
By Burhan Khadbai
31 Mar 2020

The Finnish Treasury said on Tuesday that it plans to increase its short-term borrowing to fund the government’s emergency fiscal package for the coronavirus outbreak.

Finland said that it plans to increase its short-term borrowing by raising the frequency of its euro-denominated T-bill auctions from quarterly to monthly for the second quarter.

The sovereign has not yet decided whether it will also increase its long-term borrowing needs.

“There would be further clarity to ...

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