In the context of early elections, Germany plans to reduce the scale of bond issuance in 2025

Jin10 data, December 17 news, Germany plans to reduce the sale of federal bonds by 13% next year, despite the slowdown in economic growth and the pressure to assist Ukraine, the government still decides to reduce the scale. According to a statement released by the German Federal Financial Supervisory Authority on Tuesday, as the power transfer is about to take place, the government intends to issue approximately 380 billion euros (about 400 billion US dollars) in securities. This is a decrease from this year’s 438.5 billion euros, and the issuance scale for 2023 is a record of about 500 billion euros. The agency plans to raise a total of 240 billion euros in the Capital Market and 126 billion euros in the money market. The debt issuance plan includes 13-15 billion euros in green securities. Due to the breakup of the three-party ruling coalition led by German Chancellor Scholz, Germany will hold early elections in February next year. Therefore, after the new government takes office and passes the 2025 budget, the issuance plan may change.