The finance ministry will offer €100m of new government debt on the domestic market, the central bank (BNB) said. The money will be raised at an auction of government securities. No date has been given for the auction.

The bonds run for 10 years and carry an annual coupon of 3.50%. This is the interest the state will pay buyers each year.

Since the start of the year, the state has borrowed a total of €6.5bn. Of this, €1.75bn came from the domestic market and €4.75bn from international capital markets, through issues in July and September.

The budget allows up to €10.1bn in new debt this year. That cap includes a loan of up to €3.26bn under the EU's SAFE defence instrument.

Government debt is expected to reach €37.7bn, or 30.1% of GDP, by the end of 2026.