Development of Borrowings

The following graph shows the development of interest bearing borrowings.

in million euros

2018

2019

2020

2021

H1 2022

Bonds

2,220

2,475

2,370

2,500

2,519

Commercial Paper

1,931

1,448

690

276

322

Liabilities to banks

24

35

24

62

82

Other borrowings

0

0

0

0

0

Total

4,175

3,958

3,084

2,838

2,923