The State Treasury in few words

The missions of the State Treasury are vast. It ensures, among other things, the payment of all State expenses and collects on its own all non-tax receipts, which are assigned by the Minister having the budget under his remit. Furthermore, it oversees the State's budgetary and general accounting and manages the State's financial assets and commitments. The State Treasury also runs the Consignment Office.

On the State Treasury website, you will find information concerning statistics on the public debt of the Luxembourg State (evolution, characteristics, etc.), on State shareholdings, as well as on financial guarantees granted by the State to several national and international entities.

LUXEMBOURG PUBLISHES ITS DEFENCE BOND FRAMEWORK (08.10.2025)

The Government of the Grand Duchy of Luxembourg has published its Defence Bond Framework, following its formal approval by the Government Council on October 6^th, 2025. This marks a significant milestone in Luxembourg’s commitment to strengthening national and European defence capabilities in response to evolving geopolitical challenges.  [ Press release from the Ministry of Finance ]

NEW BOND ISSUANCE (10.09.2025)

On Wednesday, September 10, 2025, the State Treasury successfully issued a €2.5 billion bond to strengthen its liquidity buffer. The bond has a maturity of 10 years and a coupon rate of 2.9%.  [ Press release from the Ministry of Finance (in french) ] or [ International press release ].

LUXEMBOURG LAUNCHES DIGITAL TREASURY CERTIFICATES   (17.06.2025)

The State Treasury has successfully issued a first series of digital treasury certificates (DTCs), worth 50 million euros. These six-month, zero-coupon instruments were priced at 99.030% and will be redeemed at par upon maturity.  [More details]

2024 ANNUAL ACTIVITY REPORT OF THE STATE TREASURY  (28.05.2025)

The State Treasury has published its 2024 annual activity report. [More details (in french)]

SCOPE RATINGS CONFIRMS LUXEMBOURG'S AAA RATING  (25.04.2025)

On April 25, 2025, the rating agency Scope Ratings confirmed Luxembourg’s AAA rating with a stable outlook.  [Press release from the Ministry of Finance ( in french) ]

THE STATE TRESASURY WOULD LIKE TO INFORM ITS CUSTOMERS THAT VISITS ARE ONLY POSSIBLE BY APPOINTMENT (02.04.2025)

Meetings with employees of the State Treasury and the Consignment Office are only possible by prior appointment.

Appointments can be made :

• by telephone: (+352) 247-82715
• by email: rdv@tresorerie.etat.lu

Visits without an appointment will not be possible.

MOODY’S CONFIRMS LUXEMBOURG'S AAA RATING (07.02.2025)

On February 7, 2025, the credit rating agency Moody’s confirmed Luxembourg’s 'AAA' rating with a stable outlook.  [Press release from the Ministry of Finance (in french)]

S&P GLOBAL RATINGS CONFIRMS LUXEMBOURG'S AAA RATING (24.01.2025)

On January 24, 2025, the agency S&P Global Ratings confirmed Luxembourg’s 'AAA' rating with a stable outlook.

The rating reflects the country’s resilience, supported by strong economic and financial fundamentals, the diversity of its economy – particularly its robust financial sector – and an effective and transparent institutional framework.  [Press release from the Ministry of Finance (in french) ]