Value standardized guarantees debt general government in the Netherlands 2010-2015

Value of the standardized guarantees debt of the general government in the Netherlands from 2010 to 2015

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Source

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Release date

October 2016

Region

Netherlands

Survey time period

2010 to 2015

Supplementary notes

The source adds: "a debt guarantee is an arrangement in which a guarantor agrees to pay a creditor if a debtor defaults".

This table presents debt guarantees provided by the government. These include:
- Guarantees on interbank loans as a result of the financial crisis
- Export credit guarantees
- Guarantee arrangements for specific sectors
- Guarantees provided to individual institutions

The data does not include:
- Government guarantees issued within the guarantee mechanism under the Framework Agreement of the European Financial Stability Facility (EFSF)
- Guarantees provided for the 'European Financial Stabilisation Mechanism' (ESFM) en the 'European Stability Mechanism' (ESM).
- Derivative-type guarantees, i.e. guarantees that meet the definition of a financial derivative
- Deposit insurance guarantees and comparable schemes
- Government guarantees issued on events whose occurrence is very difficult to cover via commercial insurance (earthquakes, large-scale flooding, nuclear accidents, certain art exhibitions, etc.)

The source defines standardised guarantees as "guarantees that are issued in large numbers, usually for fairly small amounts, along identical lines. It is not possible to estimate precisely the risk of default for each loan, but it is possible to estimate how many, out of a large number of such loans, will be defaulted on."

* The figures for 2015 is provisional.

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