Netherlands' Borrowing Need to Hit 105 Billion Euros in 2025, DSTA Says

By Emese Bartha

The Netherlands' total borrowing requirement for 2025 will amount to around 105 billion euros ($109.90 billion), the Dutch State Treasury Agency said in its borrowing program on Friday.

This estimate, however, is surrounded by a high degree of uncertainty due to several factors in the government finances, it said.

The DSTA foresees around 40 billion euros in government bond, or DSL, issuance next year, it said.

"Downward revisions in the funding plan are historically more likely, given the way the estimate is constructed," it said.

Given the uncertainty in the overall funding during the year, the DSTA will use money market instruments in a flexible way to accommodate uncertainty to ensure the stability of its government bond issuance target, it said.

Capital market redemptions will amount to 19.9 billion euros in 2025, it said.

Write to Emese Bartha at [e-mail]

(END) Dow Jones Newswires

12-13-24 1034ET