The Treasury Department

Introduction sectionRisk Indicators

Risk Indicators

On this page, two interest rate risk indicators about the stock of Government securities are made available and quarterly updated.

The interest rate risk is, in summary, the degree of exposure of the Government securities stock to interest rate fluctuations, which can be measured including whether or not the derivatives.
The most used indicators to quantify this risk are the duration and the average refixing period (the average time with which the portfolio "catches" the market interest rates). When these indicators increase, the interest rate risk decreases, and vice versa.

More detailed information on public debt risk indicators and their evolution over time is featured in the annual Public Debt Report.


Introduction sectionRisk Indicators