Economy Minister Nadia Calvino said on Monday that Spain's net debt issuance will be 75 billion euros ($84.55 billion) in 2021, 25% less than planned at the start of the year.
Debt issuance this month will be less 5 billion euros than initially announced, in addition to a 20 billion euro reduction announced in July.
Net financing needs in 2022 are expected to be 75 billion euros, in line with the 2021 figure, Calvino said.
($1 = 0.8871 euros)
(Reporting by Joanna Jonczyk-Gwizdala, Editing by Catherine Evans) ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))
