By Tuba Sahin
ANKARA (AA) - Turkey's short-term external debt stock totaled at $118.2 billion as of February-end, the country's Central Bank revealed on Wednesday.
Debt maturing within the next 12 months increased 1.6% in February since the end of last year, the bank said in a statement.
Some 49.2% of the country's short-term external debt stock was in dollars, followed by 29.8% in euros, 15.7% in Turkish liras, and 5.3% in other currencies.
"Specifically, in this period, banks’ short-term external debt stock increased by 0.9% to $57.4 billion and other sectors’ short-term external debt stock increased by 2.6% to $54.9 billion," it said.
From the borrowers’ side, short-term public sector debt -- mainly of public banks -- reached to $24.7billion, decreasing 9.8% since the end of 2018.
Short-term private sector foreign debt went down 0.4% to $87.6 billion in the same period.