a supplementary budget for measures related to the Ukraine war has already been announced.

Berlin Despite the announced supplementary federal budget and the planned Bundeswehr special fund, the finance agency is not increasing its borrowing for the time being. The agency responsible for the federal government’s debt management announced on Wednesday that the issue volume of 106.5 billion euros published in December would remain in the forthcoming second quarter.

However, adjustments are not excluded. “Basically, for all federal securities, the projects mentioned in the annual forecast – depending on the financing needs and liquidity situation of the federal government and its special funds and depending on the capital market situation – can still change,” it said.

In 2022, the federal government wants to borrow the second-highest amount to date from investors: 410 billion euros are to be flushed into the coffers of Finance Minister Christian Lindner (FDP) with the issue of federal securities.

Billions more could come from papers that are not auctioned off, but are placed through four syndicate procedures with the help of banks.