Interest-bearing liabilities

EUR million

31 March 2015

31 March 2014

31 December 2014

Interest subsidy loans

601.0

612.8

602.5

Annuity and mortage loans

265.9

308.0

302.4

Market-based loans

905.1

833.9

865.8

Other loans

14.3

33.5

14.4

Commercial papers

69.8

38.0

64.9

Total interest-bearing liabilities

1,856.1

1,826.2

1,850.1

    

The interest expenses of the interest subsidy loans guaranteed by the state were EUR 2.2 (2.4) million for the period. The amount of interest subsidy paid by the state to the banks was EUR 0.0 (0.1) million.