data › Public finance
Italian banks, Bankit and insurance companies are the largest holders of Italian public debt
by Claudio Celio
Italian Government Debt
Breakdown by type of ownership in 2016, in % (Source: Bank of Italy)
Italian banks and insurance companies, together with the Bank of Italy, are the largest holders of Italian public debt securities. According to Bank of Italy data, these 3 investors hold almost half (48%) of Italian public debt according to the data updated at the end of 2016.
In detail, banks hold 17.77% of Italian public debt , followed by insurers and the Bank of Italy. Italian households account for 6.19% of total public debt outstanding while foreign investors account for 36.10% of Italy’s public debt: below about 15 percentage points compared to the end of 2010.
© ITALY EUROPE 24 - ALL RIGHTS RESERVED