In September 2019, public debt stood at €252.3 billion (Chart 1), a €0.2 billion increase from the end of August. This was mainly driven by an increase in deposit liabilities, which was partially offset by a decrease in debt securities and loans.

General government deposits rose by €1.0 billion, with public debt net of deposits decreasing by €0.7 billion from the previous month, to a total of €232.4 billion.