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In 2009, the total financing requirement for the State will amount to € 191.7 billion, out of which €79.3 billion result from the projected deficit for 2009 and €110.8 billion result from the medium- and long-term falling due in 2009.This funding requirement will be covered by medium- and long-term borrowing (BTAN & OAT) up to 145.0bn net of buybacks. Furthermore, a €23bn increase of short-term bills outstanding (BTF) is planed.
A detailed financing programme will be disclosed in a few days.
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