By Laura Contemori – ROME (Econostream) – Belgium’s federal government debt rose by €3.24 billion in April from March to €565.817 billion at the end of the month, the Belgian Debt Agency (BDA) said on Friday.

Net federal debt, after deducting investments and securities held in portfolio, fell by €5.99 billion to €545.336 billion, according to the BDA.

The net balance to be financed amounted to negative €6.04 billion, in favor of the Treasury.

The average maturity of the federal government debt increased by 0.12 year to 10.27 years, while the average interest rate on debt instruments rose to 2.11%.

“The 12-month and 60-month refinancing risks amounted to 14.55% and 37.85% respectively,” the BDA added.