The end-March figure includes EUR 96.5 billion in long-term foreign debt, down from EUR 97.2 billion at the end of 2021.

The long-term external debt service ratio fell to 18.7% in March, compared to 16.4% at end-2021.

The ratio of the bank's foreign exchange (FX) reserves to short-term external debt by remaining maturity increased to 80.4% at end-March, from 81.9% at end-2021.