Debt & ratings

Average cost & maturity of financial debt (%)
FY20 | FY21 | |
Average cost (%) | 4.94% | 4.60% |
Subordinated/Hybrid | 4.90% | 4.50% |
Senior | 5.13% | 5.13% |
Average maturity (years) | 5.8 | 5.1 |
Interest expenses on financial debt | 493 | 478 |
Total financial debt
