The Federal Finance Agency revealed that bond issuance would see a reduction of €8 billion, while bill sales would be lowered by €23 billion. This contrasts with a plan that was released in December 2022.
This latest reduction, along with the cutback implemented in Q3 2023, brings the total sales decrease for this year to €45 billion. However, despite these reductions, the total sales for the year are projected to reach approximately €500 billion. While this figure is lower than initially planned, it still marks an all-time high.
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