Bloomberg News

Netherlands Cuts 2011 Borrowing Requirement to EU103.6 Billion

June 10, 2011

June 9 (Bloomberg) -- The Netherlands lowered its borrowing requirement for 2011 to 103.6 billion euros from an earlier estimate of 117.1 billion euros, the Finance Ministry said today in an e-mailed statement.

The level of capital market funding is fixed at about 50 billion euros, while the reduced funding need will be absorbed by bringing down the call on the money market to an end-of-year level of 53.6 billion euros, the ministry said.

To contact the editor responsible for this story: Martijn van der Starre at vanderstarre@bloomberg.net


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