The Central Bank of the Republic of Turkey (CBRT) has shared its short-term external debt statistics for September 2022.
At the end of September, the stock of short-term external debt increased by 14.7 percent compared to the end of 2021, reaching 139.5 billion dollars. Over this period, the stock of short-term external debt of banks increased by 9.6% to $56.3 billion, while the stock of short-term external debt of other sectors increased by 16.1% to 51 .2 billion dollars.
Short-term loans used by foreign banks decreased by 10.1 percent compared to the end of 2021 and amounted to $9.9 billion.
Foreign currency deposits of non-residents, excluding banks, increased by 14.8% to $17.6 billion, while deposits by non-resident banks increased by 14% to $17.8 billion. In addition, TL deposits of non-residents increased by 16.7 percent compared to the end of last year and amounted to $11 billion.
Import debts in other sectors increased by 18.4 percent compared to the end of 2021 and totaled $46.0 billion.
When analyzed on a debtor basis, public sector short-term debt, made up entirely of public banks, increased by 17.2% from the end of 2021 to $26 billion, while private sector short-term external debt it increased 11.2% to $81.5 billion.
SHORT-TERM DEBT TO OFFICIAL CREDITORS $94 MILLION
Analyzed on a credit basis, short-term debts to monetary institutions in the private creditor category increased by 13.7 percent year-end to $72.1 billion, while debts to non-monetary institutions they rose 16.1 percent to $67 billion.
Short-term bond issues, which totaled $460 million at the end of 2021, totaled $292 million at the end of September 2022.
In the same period, short-term debts to official creditors amounted to $94 million.
At the end of September 2022, the foreign exchange composition of the stock of short-term external debt was 46.7% in dollars, 25.2% in euros, 8.8% in TL and 19.3% in other currencies.
At the end of September 2022, the stock of short-term external debt by remaining maturity, calculated using veri on external debt with a maturity of 1 year or less, regardless of its original maturity, was $185.3 billion. $15.5 billion of that stock consists of debts to foreign branches and branches of Turkish banks and the private sector.
When evaluated on a debtor basis, it was observed that the public sector had a share of 20.1%, the central kanepe 17.3% and the private sector 62.6% of the total stock.