German Fiscal Debt Expense Explosion Continues
German Public Debt Expenses 2022 YTD Are 3.1x 2021
The German Finance Ministry just reported net interest expenses of €1.8bn for June 2022 and €18.7bn YTD. The latter is 3.1x the equivalent value of 2021!
Should you wonder, why the hike in expenses comes so sudden and what it has to do with selling bonds at discounts or premiums, please check in HERE.